Raining on Shapiro’s Rainy Day Fund Raid
Here’s the Commonwealth Foundation’s weekly news roundup of policy issues debated in Harrisburg and across Pennsylvania. Can the ‘Rainy Day Fund’ Balance the Budget? Pennsylvania’s emergency savings account, contrary to…
Blog
Read More: Raining on Shapiro’s Rainy Day Fund RaidState Budget
Commonwealth Foundation Urges Legal Protection of State’s Rainy Day Fund
Letter calls on Treasurer Garrity to withhold any transfer from the budget stabilization reserve fund, pending legal adjudication. Harrisburg, Pa., September 8, 2025 — Today, the Commonwealth Foundation…
Press Release
Read More: Commonwealth Foundation Urges Legal Protection of State’s Rainy Day FundState Budget
Pennsylvania’s running out of money
Originally published at Pittsburgh Post-Gazette Stacy Garrity recently issued an urgent warning: This year’s budget will determine the commonwealth’s economic future — so lawmakers must plan wisely. Garrity, reelected…
Media Hit
Read More: Pennsylvania’s running out of moneyState Budget
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
Read More: The Rainy Day FundRegulation
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
Read More: State Law, Financial Experts, and the Governor Himself Condemn Budget Plan to Raid Rainy Day FundEnergy
Environmental Social and Governance (ESG) Mandates in Pennsylvania
Key Points Studies show adopting Environmental Social and Governance (ESG) criteria is not associated with better labor or environmental regulatory compliance. Emerging studies show ESG criteria are associated with lower…
Backgrounder
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The Dangers of Environmental, Social, and Governance Mandates
*This testimony was requested by the House Commerce Committee for a hearing that did not occur.* Chairman Roae, Chairman Galloway and members of the House Commerce Committee, thank you for…
Testimony
Read More: The Dangers of Environmental, Social, and Governance Mandates