State Budget
Optimizing State Spending
Summary Pennsylvania faces a $3.6 billion structural budget deficit in Fiscal Year (FY) 2024–25. The Independent Fiscal Office (IFO) calculates Gov. Josh Shapiro’s FY 2025–26 budget…
Fact Sheet
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Governor Shapiro’s Massive Budget Brings Excessive Spending, New Taxes, and Future Tax Hikes
Video statements for broadcast media are available here. Harrisburg, Pa., February 4, 2025 — Today, Gov. Josh Shapiro delivered his 2025 Pennsylvania budget address, proposing a $3.9 billion spending increase.
Press Release
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How to Balance the PA State Budget
Key Points Pennsylvania faces a $3.6 billion structural deficit in fiscal year (FY) 2024–25. Unless addressed, the deficit will require massive tax increases on working families by next year. Extreme…
Backgrounder
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RGGI Is a Destructive Policy for Pennsylvania
Overview The Regional Greenhouse Gas Initiative (RGGI) is a multi-state cap-and-trade program that imposes a carbon tax on power generators, resulting in a new, economy-wide energy…
Fact Sheet
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2024–25 State Budget Analysis
Key Points Pennsylvania’s $47.6 billion 2024–25 budget creates a $3.6 billion structural deficit. This will exhaust General Fund reserves, which will require draining from the Rainy Day fund—illegally—or raising taxes…
Fact Sheet
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Regulatory Reforms Stalled in State House
Summary Gov. Josh Shapiro’s PAyback permit rebate program is a step forward. But alone, it is insufficient to fix Pennsylvania’s above-average regulatory burden. The governor says he wants to…
Fact Sheet
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PACER & PRESS Analysis
Overview Gov. Josh Shapiro campaigned on a healthy skepticism of carbon taxes before proposing his own carbon tax scheme. His new energy agenda centers around the Pennsylvania Climate…
Fact Sheet
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Key Takeaways from Governor’s 2024 Budget Proposal
Key Points Gov. Josh Shapiro’s startling spending increases and myriad of new initiatives would explode the budget deficit and invite massive tax hikes on working families in the coming years.
Backgrounder
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Gov. Shapiro’s Proposed Budget Demonstrates Startling Fiscal Irresponsibility
Harrisburg, Pa., February 6, 2024 — Today, Gov. Josh Shapiro delivered his 2024 Pennsylvania budget address in the Capitol rotunda. His speech, lasting approximately an hour and a half, included proposals…
Press Release
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