Housing

Third and State This Week: PA Falling Short on Voter ID & $500 Million Lost to Natural Gas Tax Giveaway

This week at Third and State, we blogged about a report on problems with the state's implementation of the Voter ID Law, revenue lost to the state by not having a Marcellus Shale drilling tax, private schools choosing "Opportunity Scholarship" students and more.

IN CASE YOU MISSED IT

  • On the Voter ID Law, Sharon Ward wrote about a recent Pennsylvania Budget and Policy Center report finding that the commonwealth is not ready to issue a photo ID to everyone who needs one for the November election.
  • On the Marcellus Shale, Michael Wood blogged that while natural gas drillers extracted over $8 billion worth of natural gas from Pennsylvania’s Marcellus Shale between July 2009 and June 2012, the commonwealth lost out on hundreds of millions in revenue by not having a drilling tax in place.
  • On education, Jamar Thrasher wrote about a Reading Eagle article explaining that private schools will be able to pick and choose students who are eligible for Opportunity Scholarships.
  • And Chris Lilienthal had a Must Read this week about the restoration of mortgage assistance for struggling homeowners and the appointment of a school vouchers advocate to lead the financial recovery process at the Chester Upland School District.

More blog posts next week. Keep us bookmarked and join the conversation!

Midday Must Reads: Vouchers Advocate to Lead Chester Upland's Recovery and Mortgage Assistance Reborn

There is some dismay in the Chester Upland School District about the state's appointment of Joe Watkins, who heads a political action committee that supports school vouchers, to lead the school district's financial recovery process.

Third and State Recap: PA Budget, Human Cost of Ending General Assistance & Wall Street Execs on Honesty

Happy Friday the 13th! Over the past two weeks, we been busy blogging about the enacted state budget, the revenue outlook at the start of the new fiscal year, the human cost of eliminating General Assistance, recent news on the Marcellus Shale front and much more.

IN CASE YOU MISSED IT

  • On the state budget, intern Alan Bowie had this post and intern Jamar Thrasher had this post summing up the post-budget headlines. Michael Wood had an analysis of better-than-expected revenue collections in June, allowing the state to start the new fiscal year with a $400 million fund balance. And Mark Price blogged about the problems with budget austerity.
  • On jobs, Mark Price blogged about a New York Times editorial and research by the Economic Policy Institute on just how much state and local budget cuts have hurt job growth nationally.
  • On poverty and public welfare, Kate Atkins wrote about the human cost of eliminating General Assistance, which will come to an end on August 1 under the new budget.
  • On the financial sector, Mark Price blogged about a recent poll finding one in four Wall Street executives view wrongdoing as a key to success.
  • On the economy, Alan Bowie wrote about an effort to increase the federal minimum wage and the long-term impact of the housing crisis on African Americans.
  • And, on the Marcellus Shale, Jamar Thrasher blogged about legislation that enacted a moratorium on gas drilling in Bucks County and a new report showing how major oil companies use tax loopholes to avoid paying federal taxes. 

More blog posts next week. Keep us bookmarked and join the conversation!

Midday Must Reads: Increasing the Minimum Wage and the Long-term Impact of Foreclosures

The Great Recession and its aftermath have spurred increasing income and wealth inequality.

The Washington Post takes a look into the effects of the recession and housing crisis on African Americans. The article takes a look at the subprime loans African Americans were given and the long-lasting effects these loans may have on credit and wealth for African American communities.

Go to the Pennsylvania Budget and Policy Center Website for More Information on the Enacted Pennsylvania Budget

Click here for more details. More content will be added over the next couple of days as we sift through the details.

Morning Must Reads: Alcohol and Lottery Privatization, HEMAP Almost Saved!

The Philadelphia Inquirer reports this morning that the latest push to privatize Pennsylvania's liquor stores stalled earlier this week but is now scheduled to begin again next Monday.

Morning Must Reads: Foreclosures Continue To Rise and Better Disclosure of Fees For 401K Plans Is Coming

With more data is in on home foreclosures, we continue to see big increases in foreclosure activity in Pennsylvania, even in places like Pittsburgh, which avoided the worst excesses of the housing bubble.

Citizens Deliver Pie to Lawmakers with Message to Close Loopholes

With a pie in one hand and a list of tax loopholes in the other, Pennsylvania citizens delivered a message to state lawmakers this week — we can restore cuts that have hurt seniors, children and families without raising taxes. By closing loopholes and delaying tax cuts for corporations, lawmakers can enact a better budget.

Pie Day was hosted on Monday by Better Choices for Pennsylvania, a coalition of organizations working for a responsible state budget. Volunteer pie deliverers stopped by each lawmaker’s office to drop off a pie and a handout contrasting existing tax loopholes with funding cuts that could be restored by closing the loophole. In each case, additional revenue could help fund vital services without raising taxes.

Morning Must Reads: Got Gas?, Foreclosures Up, and Layoffs in the Business of News

In petrochemical news this morning, Royal Dutch Shell choose Monaca Pennsylvania for a new cracker plant, there is still no buyer for Sunoco's Philadelphia and Marcus Hook refineries, and more from Paul Krugman on the job hype surrounding natural resource booms.

Third and State This Week: adultBasic One Year Later, What Works in PA and Income Inequality

This week, we blogged about "What Works in Pennsylvania," the one-year anniversary of adultBasic's end, income inequality and cuts to higher education, and much more.

IN CASE YOU MISSED IT

  • On health care, Chris Lilienthal wrote about a year of struggle for the Pennsylvanians who lost their adultBasic health care coverage this time last year.
  • On the state budget, Sharon Ward sat down with Tony May of Triad Strategies to discuss the 2012-13 state budget and shared a video of the interview. Chris Lilienthal also shared a video from the Campaign for What Works illustrating a key message for lawmakers: "Pennsylvania works when our state budget supports what works."
  • In the Morning Must Reads this week, Mark Price blogged about how cuts to higher ed funding contribute to income inequality, transit cuts and job training, how high unemployment is straining the safety net, and a roundup on closing tax loopholes, preventative care and health reform.

More blog posts next week. Keep us bookmarked and join the conversation!

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