Treasurer warns of $860 million in delayed state payments as House GOP seeks to regroup on budget-balancing plan

Treasurer warns of $860 million in delayed state payments as House GOP seeks to regroup on budget-balancing plan

Things didn’t quite go as expected Tuesday for the House Republican Caucus who, as late as Monday afternoon, was eyeing a vote on some version of a plan to balance the state budget by transferring special fund money into the General Fund as an attempt to close the state’s $2.2 billion deficit.

 

By Tuesday afternoon, the House adjourned without taking up the plan and legislative leaders met with the House Taxpayer Caucus—the main proponents of the special funds plan— and some Southeastern lawmakers to try to rework their strategy in order to gain enough votes to get some budget-balancing plan to the Senate by week’s end.

Tuesday, September 12, 2017/Author: Jason Gottesman
Categories: News and Views
Gov. Wolf on new House GOP budget-balancing proposal: “I feel it’s a bad idea. It’s nonsense.”

Gov. Wolf on new House GOP budget-balancing proposal: “I feel it’s a bad idea. It’s nonsense.”

In some of the strongest words used by Pennsylvania’s chief executive in the ongoing budget impasse, Gov. Tom Wolf on Wednesday lambasted a new plan by House Republican members to balance the state’s books by using special fund transfers and other one-time sources of revenue rather than seeking revenue in the form of higher taxes and other recurring revenue sources.

Wednesday, September 6, 2017/Author: Jason Gottesman
Categories: News and Views
Revenue discussion update: Wolf warns sternly as House GOP works toward consensus plan

Revenue discussion update: Wolf warns sternly as House GOP works toward consensus plan

Progress toward an eventual budget solution crept forward on Tuesday as several dozen House Republicans gathered in the state Capitol for a briefing on a plan some members have developed that relies mainly on special fund transfers to dig Pennsylvania out of its current $2.2 billion deficit.

Tuesday, August 29, 2017/Author: Jason Gottesman
Categories: News and Views
Markosek: “The leadership in the House Democratic caucus is at least on board with trying to get those votes” for budget revenue

Markosek: “The leadership in the House Democratic caucus is at least on board with trying to get those votes” for budget revenue

The halls of state Capitol remained quiet Monday as Pennsylvania’s revenue-related budget impasse rolled into its ninth full week.

While a few members of House legislative leadership were in the building, not much visible progress was made toward balancing the state’s $31.99 billion spending plan, which is currently $2.2 billion out of balance.

Monday, August 28, 2017/Author: Jason Gottesman
Categories: News and Views
Scarnati: “This isn’t governing, this is an embarrassment”

Scarnati: “This isn’t governing, this is an embarrassment”

As state lawmakers are staring down the prospect of a credit downgrade and the lack of spendable General Fund money in the absence of a balanced budget, the rhetoric and frustration were visibly ramped up Monday as the House Republican Caucus continues to try to work to find some sort of a compromise on $2.2 billion worth of money needed to balance the $31.99 billion budget enacted earlier this summer.

Monday, August 21, 2017/Author: Jason Gottesman
Categories: News and Views
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