Somewhat slimmer budget passes Senate Appropriations
Senate Appropriations Committee sent to the floor an amended budget which includes very few of the Governor’s new programs, cuts some of the corporate welfare from DCED, and promised…
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More Tax Money for Movies?
Do we need to spend more money to get movies made in PA? The Rendell administration is currently proposing giving filmmakers a 25 percent refundable tax credit (i.e. a grant)…
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Government made bumper stickers
The Pennsylvania Office of Tourism (part of the Department of Community and Economic Development) have started voting for a PA Bumper Sticker. Not only is developing an “official state…
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The Rendell Budget: Would Your Family Spend Money Like This?
The Commonwealth of Pennsylvania had a good tax year – that is, in government collection terms. General Fund revenues will exceed expectations this year by a projected $353 million. But…
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How about the people paying the bills???
Well, the Senate released its schedule for the 2006-07 Budget hearings. After Gov. Rendell presents his $24-25 BILLION taxpayer tab in early February to the General Assembly, the Senate has…
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Taxpayers to Subsidize Risks of Venture Capitalists
As the Republican-led Pennsylvania General Assembly considers a “compromise” version of Gov. Ed Rendell’s so-called “economic stimulus” package, The Commonwealth Foundation declared it to be another step backward for the…
Commentary
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Governor Rendells Plan for a New Pennsylvania
Testimony of Matthew J. Brouillette, President, Commonwealth Foundation Thank you Rep. Argall and members of the House Appropriations Committee for the opportunity to speak to you this afternoon on…
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Economic Development
Across the United States, state and local governments are locked in a constant competition to attract and retain businesses. Public subsidies, in the form of grants, loans, tax incentives, and…
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Budget Basic: Pennsylvanias Economy Loses When Policymakers Try to Pick Winners
Executive Summary For too long, Pennsylvania has relied too heavily on generously funded but ultimately ineffectual taxpayer-funded government subsidy programs in an attempt to stimulate economic growth. The strategy of…
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