State Budget and Taxes

KRC/PBPC Insider News Special Blizzard Edition 1-23-16

Special blizzard edition ... yeah we’re snowed in, but we know you’re just watching your email for our weekly news so here it is, delivered despite the weather.

Senator from York Predicts a Recession

If you were getting bored by the never ending budget process, a flurry of colorful metaphors by “Fightin” Sen. Scott Wagner of York County added a more circus like element to the standoff. I just wanted to highlight an interesting argument in the Senator’s letter to Capitolwire about the current state of the economy. According to the Senator:

Gas Drillers New Year's Eve

On New Year’s Eve, Miss Smith walked out through the automatic sliding doors of the grocery store where she worked as a cashier and pulled her scarf to her nose as the December wind hit her face. Glad to be done with the last shift of 2015, she walked briskly toward her parents’ house where she had lived for the last three years.

Before she lost her job as an art teacher for the local school, she had her own apartment. But her salary at the grocery store was not enough to allow her to afford her own place after she made her student loan and car payments.

A New Year's Resolution for PA Lawmakers - Pass a Fiscally Responsible State Budget

It turns out we're not the only ones waiting for a responsible Pennsylvania state budget that actually raises the revenue the state needs to pay its debts -- and also to adequately fund education, infrastructure and human services. 

The rating agency, Standard and Poor's (S&P), is also waiting for a fiscally responsible budget.

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