State Budget
New Budget Report Demands Urgent Action
By 2023, the state deficit could reach more than $2 billion. By 2030, Pennsylvania will have just 2.4 workers for every 1 person of retirement age. These were some of the most…
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Read More: New Budget Report Demands Urgent ActionState Budget
The Solution to Pa.’s Perpetual Deficit Problems
Pennsylvania is rapidly approaching the June 30 budget deadline. Over the next two weeks, lawmakers will decide how to balance the 2017-18 budget. But they’ll also need to settle old…
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Read More: The Solution to Pa.’s Perpetual Deficit ProblemsTaxes & Economy
Pennsylvania’s Self-Inflicted Lobotomy
Every day, 36 college graduates flee Pennsylvania for better opportunities in other states, according to a new Independent Fiscal Office trends report. Overall, there was a net outflow of…
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Read More: Pennsylvania’s Self-Inflicted LobotomyGovernment Accountability
Reviving the Push for Transparency
Taxpayers scored a victory last year with the passage of Senate Bill 644 (now Act 15). The new law requires the Independent Fiscal Office (IFO) to provide cost…
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Read More: Reviving the Push for TransparencyState Budget
Pennsylvania Deficit Watch: February 2017
Revenue collections underperformed again in January, according to the Department of Revenue. This is the third straight month—and the sixth of the last seven—in which revenue collections fell short of official…
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Read More: Pennsylvania Deficit Watch: February 2017Regulation
Pennsylvania Deficit Watch: January 2017
Pennsylvania fell further into a financial hole during the month of December. According to the Department of Revenue, total General Fund collections came in $105.2 million below the state's official estimate. This marks…
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Read More: Pennsylvania Deficit Watch: January 2017Regulation
A Turning Point in Pennsylvania?s Budget Debate?
Pennsylvania must confront a $604 million deficit, according to Budget Secretary Randy Albright. This sober assessment was offered during the mid-year budget briefing earlier today. The Independent Fiscal Office (IFO)…
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Read More: A Turning Point in Pennsylvania?s Budget Debate?State Budget
Tracking State Budget Trends
The 2016-17 General Fund budget added to Pennsylvania’s fiscal challenges. Lawmakers approved the $31.6 billion budget without implementing meaningful reforms or authorizing enough revenue to balance the budget. Despite lacking…
Fact Sheet
Read More: Tracking State Budget TrendsRegulation
Pennsylvania Deficit Watch: December 2016
State revenue collections came in at $79.5 million below the official estimate for November, according to the Pennsylvania Department of Revenue. Lackluster collections wiped away the little progress made during October when revenue collections…
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Read More: Pennsylvania Deficit Watch: December 2016