Budget Archives

State Budget

Pennsylvania Government Debt

March 21, 2012

Today, Pennsylvanians owe $121 billion in state and local government debt. This equates to more than $9,400 for every person, and almost $38,000 for the average family of four in…

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State Budget

Pennsylvania State & Local Taxpayer Debt

April 15, 2011

Gov. Tom Corbett's FY 2011-12 budget proposal includes $63.6 billion in total operating spending—$27.3 billion in General Fund spending—a reduction of $3.3 billion from FY 2010-11. This budget restores overall…

Fact Sheet

State Budget

Understanding the Pennsylvania State Budget

Nathan Benefield
March 7, 2011

Pennsylvania's total state operating budget for FY 2010-11 is approximately $65.4 billion-or $5,193 for every man, woman and child in the commonwealth. This policy brief looks at the entire state…

Fact Sheet

State Budget

Why PA State Debt is “So Low”?

Nathan Benefield
December 17, 2010

Yesterday, during his mid-year budget briefing, Gov. Rendell repeated his claims that Pennsylvania state debt is pretty low, less than $1,000 per resident, and much lower (relative to state GDP)…

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State Budget

Pennsylvania State & Local Taxpayer Debt

May 11, 2010

Gov. Ed Rendell frequently argues that Pennsylvania taxpayers can afford to incur more state debt. However, in order to justify the borrowing of billions of dollars, the governor conveniently ignores…

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State Budget

Budget Facts 2009: Budget Deal = Budget Deficits

October 15, 2009

Unfortunately, even if the Pennsylvania economy recovered to unprecedented level in next two years, there is no way it could possibly produce enough tax revenue to bridge the budgetary canyon…

Fact Sheet

State Budget

Obama’s Budget: More of the Same You Can Believe In

Nathan Benefield
March 12, 2009

The Cato Institute’s Chris Edwards has the latest Tax and Budget bulletin, with an updated analysis of spending by president. The bulletin reiterates what Cato has been saying…

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