State Budget
The Highs and Lows of the New Pennsylvania Budget
Originally published by RealClearPennsylvania. After a four-month impasse, Pennsylvania lawmakers finally delivered the 2025–26 state budget. The newly minted spending plan offers some meaningful policy victories,…
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Gov. Josh Shapiro Wants to Spend More than Taxpayers Can Pay
Originally published by the Pittsburgh Post-Gazette. The weather isn’t the only thing heating up this May. Negotiations are underway for Pennsylvania’s Fiscal Year 2025–26 state budget. These negotiations determine how…
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Deficit Watch: May 2025
Pennsylvania cannot afford more mass transit bailouts. Background Pennsylvania faces serious fiscal challenges. The enacted 2024–25 General Fund budget created a $3.6 billion structural deficit. Gov.
Deficit Watch
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Independent Fiscal Office Exposes Shapiro’s Overinflated Revenue Projections
Harrisburg, Pa., March 5, 2025 — Tuesday, the Independent Fiscal Office (IFO) released its analysis of revenue proposals contained in Gov. Josh Shapiro’s 2025–26 budget proposal. This latest…
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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The Rainy Day Fund
Summary The Budget Stabilization Reserve Fund, commonly referred to as the Rainy Day Fund, is Pennsylvania’s largest budgetary reserve fund. Pennsylvania law dictates that lawmakers may only draw from the…
Fact Sheet
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Pennsylvania’s spending billions more than we can afford
Originally published in the Pittsburgh Post-Gazette Harrisburg celebrates the newly signed 2024–25 state budget. Pennsylvania Gov. Josh Shapiro, his fellow Democratic lawmakers, and even state Senate Republicans see the…
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‘Shrinkflation’ ignores the true problem: deficit spending
Originally published at the Allentown Morning Call President Joe Biden and U.S. Sen. Bob Casey deflect blame for high inflation away from the true cause: their own policies. They…
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State Law, Financial Experts, and the Governor Himself Condemn Budget Plan to Raid Rainy Day Fund
Harrisburg, Pa., February 19, 2024 — Pennsylvania significantly improved its fiscal standing over the last few years by making deposits into the Rainy Day Fund. Pennsylvania has gone from among the…
Press Release
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