Category Archives: PA Budget

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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Governor’s 401(k)-Type Pension Proposal Not a Way Forward

From Keystone Research Center (http://www.keystoneresearch.org): With General Assembly support lukewarm towards the Corbett-Tobash hybrid pension plan, some legislators are reportedly dusting off Governor Corbett’s 2013 proposal to eliminate guaranteed pensions entirely. This proposal would create 401(k)-type savings accounts for each … Continue reading

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Protect Tax Credits that Benefit Neighborhoods, Jobs and Food Banks

From the Pittsburgh Community Reinvestment Group (http://www.pcrg.org/): Really?!?! Killing neighborhoods, jobs, and food banks is no way to run a state.  Tell Harrisburg to cut it out. In an election year, you would think that politicians would at least try … Continue reading

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Media Statement – House Passes David Copperfield Budget

From the Pennsylvania Budget and Policy Center (http://www.pennbpc.org): Harrisburg (June 24, 2014) – Sharon Ward, Director of the Pennsylvania Budget and Policy Center, made the following statement in response to the Pennsylvania House passage of House Bill 2328, the General … Continue reading

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