State Budget
Yes, Gov. Shapiro’s Budget Raises Taxes
Originally published by PennLive. In his campaign-style budget address, Gov. Josh Shapiro claimed his budget neither enacts any new taxes nor requires future tax…
Media Hit
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2026–27 State Budget: Tackling the Structural Deficit
Summary Pennsylvania’s structural deficit has reached $4.8 billion due to excessive spending. Under Gov. Josh Shapiro and his predecessor, Tom Wolf, state spending has consistently grown at a faster pace…
Fact Sheet
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Pennsylvania’s Looming Budget Challenges
Summary Pennsylvania’s fiscal year (FY) 2024–25 state budget has created a $3.6 billion structural budget deficit. Without a major shift in direction, this deficit will persist and grow in future…
Fact Sheet
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New Research Shows Pathway to Fiscal Stability for States
July 13, 2021, Harrisburg, Pa. — A new Commonwealth Foundation study investigating the impacts of Taxpayer and Expenditure Limits (TELs) has found that the policies can ward off tax increases…
Press Release
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Three Ways Pennsylvania Should Spend American Rescue Plan Funds
How should the commonwealth use this massive surplus of federal dollars? The temptation might be to simply pay off our budget deficit. The IFO projects that over the next five…
Fact Sheet
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