Gov. Shapiro Cannot Be Allowed to Tap Pennsylvania’s Rainy Day Fund

Orginally published by LNP/Lancaster Online.

Gov. Josh Shapiro has a spending problem, and he wants to smash open Pennsylvania’s piggy bank to placate his expensive habits.

In February, Shapiro proposed a $51.5 billion spending plan—an 8 percent increase from the previous fiscal year.

However, the governor’s proposal relies on fuzzy math. Pennsylvania’s Independent Fiscal Office crunched the numbers, and it turns out that Shapiro exaggerated revenue by $4 billion over the next three fiscal years. Even worse, that office projects about $44.6 billion in net revenue for Pennsylvania in the 2025–26 fiscal year—about $7 billion less than Shapiro’s proposed expenses.

Read more at LNP/Lancaster Online.