Regulation
Is Gov. Wolf Ignoring Credit Rating Agencies?
Last week, Gov. Wolf once again resorted to defending his latest budget vetoes citing the fear of credit rating downgrades. Oddly, he seems to miss that pension reform and…
Media
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Government that Works?
Last week, Governor Wolf revved up his Jeep and resumed his “Government that Works” tour in Lancaster. In an ironic twist, Wolf also promised to veto a temporary funding bill…
Commentary
Read More: Government that Works?State Budget
Immunizing Taxpayers from Chronic Overspending
Last week, two major bond rating agencies (Fitch and Standards & Poor’s) downgraded Pennsylvania’s debt rating citing poor fiscal health. While this should worry voters—taxpayers will be forced to pay…
Commentary
Read More: Immunizing Taxpayers from Chronic OverspendingState Budget
Lack of Priorities Triggers PA Budget Crisis
Pennsylvania has a prioritization problem. Recent controversies about the State Racing Fund and the legislature’s reserve fund provide two examples of why Pennsylvania consistently wrestles with budget crises. Auditor General…
Media
Read More: Lack of Priorities Triggers PA Budget CrisisState Budget
State Budget Déjà Vu
Ceremonies in Punxsutawney have come and gone, but every year Groundhog Day reminds me of the film of the same name—in which Bill Murray lives the same day over and over…
Commentary
Read More: State Budget Déjà VuState Budget
Pennsylvania’s Fiscal Condition is Critical
Pennsylvania ranks 42nd in overall fiscal condition, according to a report by Sarah Arnett of the Mercatus Center. The report, State Fiscal Condition: Ranking the 50 States, analyzes states’ abilities…
Media
Read More: Pennsylvania’s Fiscal Condition is CriticalRegulation
PA Can’t Afford to Dither on Meaningful Pension Reform
Is your family ready to pay nearly $900 more in property taxes and state taxes per year? Are you prepared to see 33,000 public school teachers in Pennsylvania — nearly…
Commentary
Read More: PA Can’t Afford to Dither on Meaningful Pension ReformRegulation
“Failure” Leads to Downgrade for Pennsylvania
This latest look at Pennsylvania’s fiscal house shows the urgency of pension reform and spending restraint. Fitch Ratings yesterday downgraded Pennsylvania’s bond rating. This effectively sends a sign to…
Media
Read More: “Failure” Leads to Downgrade for PennsylvaniaTaxes & Economy
Act 44 & Transportation Funding
In July 2007, the Pennsylvania General Assembly passed and Governor Ed Rendell signed Act 44. This legislation authorized the Pennsylvania Turnpike Commission (PTC) to increase tolls on the Turnpike;…
Fact Sheet
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