Category Archives: PA Budget

Giving Away the Golden Egg: Shale Tax Revenue Could Top $1 Billion by 2015-16

Posted at http://thirdandstate.org/2014/august/giving-away-golden-egg-shale-tax-revenue-could-top-1-billion-2015-16 Aug 28, 2014 10:04 am | Sharon Ward Here’s one estimate that Pennsylvania exceeded in 2014—gas production in Pennsylvania’s Marcellus Shale region came in ahead of projections for the first half of the year. Had Pennsylvania adopted … Continue reading

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Cutting Your Way to a More Sluggish Recovery

Posted at http://thirdandstate.org/2014/august/cutting-your-way-more-sluggish-recovery Aug 19, 2014 06:46 am | Mark Price New data on consumption spending from the Bureau of Economic Analysis further illustrates that Pennsylvania has cut its way not to prosperity, but to a more sluggish recovery. As … Continue reading

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Pennsylvania Relies on Faulty Process to Estimate Revenue

From the Pennsylvania Budget and Policy Center (http://www.pennbpc.org): Reforms needed to ensure greater fiscal responsibility and promote public trust HARRISBURG (Aug. 7, 2014) – Pennsylvania should improve the way it estimates revenues to create a more fiscally responsible budget, according … Continue reading

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Pennsylvania’s Debt Rating Downgraded

From the Pennsylvania Budget and Policy Center (http://www.pennbpc.org): On Monday, July 21, Moody’s Investors Service downgraded the state’s debt rating to Aa3 from Aa2 in direct response to the 2014-15 Pennsylvania budget. Moody’s cited, among other things, PA’s underperforming revenues … Continue reading

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Once Upon a Time: An Analysis of the 2014-15 General Assembly Approved Budget

Posted by PA Budget and Policy Center on July 22, 2014 in HEALTH CARE PA BUDGET TAX AND BUDGET K-12 EDUCATION HIGHER EDUCATION EDUCATION PUBLICATIONS BUDGET ANALYSES REPORTS & BRIEFING PAPERS The $29.0 billion 2014-15 state General Fund budget enacted … Continue reading

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The Real-Life Impact of Undermining Public Schools: A Philadelphia Inquirer Profile

Posted at http://thirdandstate.org/2014/july/real-life-impact-undermining-public-schools-philadelphia-inquirer-profile Jul 15, 2014 11:37 am | Stephen Herzenberg A profile of a teacher in this morning’s Philadelphia Inquirer brings to life the real-life consequences, for teachers and for children, of the deep funding cuts in the School … Continue reading

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Neighborhood Assistance Program Protected in PA Budget—See the Governor’s Line-Item Vetoes

From Housing Alliance of Pennsylvania (http://www.housingalliancepa.org/): We were successful in saving the Neighborhood Assistance Program. But advocacy is a continual process. Even though the budget is done for now, it is so important that you reach out to your representative … Continue reading

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How the Pennsylvania Budget Will Affect Children

From Pennsylvania Partnerships for Children (http://www.papartnerships.org): On July 10, Gov. Tom Corbett signed a $29 billion state budget for fiscal 2014-15 after line-item vetoing $72.2 million in appropriations related to legislative spending in an effort to force the General Assembly … Continue reading

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Pennsylvania Budget Fails to Provide for Desperate Education Needs of Philadelphia’s Children

Posted at http://janresseger.wordpress.com/2014/07/01/pennsylvania-budget-fails-to-provide-for-desperate-education-needs-of-philadelphias-children/ Writing for the NY Times, Josh Barro points out: “Kansas has a problem.  In April and May, the state planned to collect $651 million from personal income tax.  But instead it received only $369 million.” Kansas is … Continue reading

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Facts on Marcellus Shale Jobs and Taxes

Posted at http://thirdandstate.org/2014/june/facts-marcellus-shale-jobs-and-taxes Jun 26, 2014 11:05 am | Michael Wood Last night, the House of Representatives passed a budget plan for 2014-15.  However, how this plan is paid for is still a mystery. One commonsense idea that could still … Continue reading

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