State Budget
Balancing the 2026 State Budget
Controlling and Prioritizing Spending Can Help Balance the Budget Summary Gov. Josh Shapiro’s 2026–27 budget proposal spends $3.2 billion more than last year and drains the Rainy-Day Fund, increasing the…
Fact Sheet
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Corporate Welfare in Governor Shapiro’s 2026–27 Budget Proposal
Summary High taxes and burdensome regulations continue to drive outmigration. Rather than improving the state’s tax and regulatory environment, Gov. Josh Shapiro’s Fiscal Year (FY) 2026–27 budget proposal seeks to…
Fact Sheet
Read More: Corporate Welfare in Governor Shapiro’s 2026–27 Budget ProposalState Budget
Corporate Welfare in Governor Shapiro’s Fiscal Year 2025–26 Budget Proposal
Summary Pennsylvania’s economy lags behind other states, hindered by high taxes and burdensome regulations. As a result, the state suffers from continued outmigration, with residents leaving for better opportunities in…
Fact Sheet
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Deficit Watch: April 2025
Improving Pennsylvania’s economy will help close the deficit. Background Pennsylvania faces serious fiscal challenges. The enacted 2024–25 General Fund budget created a $3.6 billion structural deficit.
Deficit Watch
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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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