Gov. Wolf: “The right thing to do is for the House Republicans to get back to work and finish the job”

Gov. Wolf: “The right thing to do is for the House Republicans to get back to work and finish the job”

With the Commonwealth perhaps just days or weeks away from the need to borrow additional money to keep the General Fund balance above zero and maintain paying the state’s bills, Gov. Tom Wolf said Tuesday that House Republicans need to return to session to work through a solution that balances the $31.99 billion budget that became law in early July.

Tuesday, August 22, 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
Changes likely for Pennsylvania’s Medicaid managed care system

Changes likely for Pennsylvania’s Medicaid managed care system

A provision of the Human Services Code bill moving its way through the General Assembly as part of the final package of budget-related bills could potentially bring some dramatic changes to Pennsylvania’s Medicaid managed care system.

Thursday, August 17, 2017/Author: Jason Gottesman
Categories: News and Views
Poll shows Pennsylvania voters disfavor consumer-funded nuclear bailout

Poll shows Pennsylvania voters disfavor consumer-funded nuclear bailout

According to a poll released Wednesday by American Petroleum Institute-PA, Pennsylvania voters overwhelmingly disapprove of the concept of a consumer-funded nuclear bailout.

While there currently is no specific legislation introduced to create such a bailout, API spokesperson Michael Tadeo said the organization wanted to get out ahead of the issue.

 

“We wanted to inform members of the statehouse as they return in September that voters in the state are against this,” he said. 

Thursday, August 17, 2017/Author: Jason Gottesman
Categories: News and Views
General Fund exhausts Treasury’s $750 million loan

General Fund exhausts Treasury’s $750 million loan

State Treasurer Joe Torsella announced Wednesday afternoon that the General Fund—the state’s so-called largest checkbook—has exhausted a $750 million loan Treasury issued earlier this month from its Short Term Investment Pool to keep the fund above a zero balance.

 

The loan, which was released in full on Tuesday, must be paid back by next Wednesday.

Wednesday, August 16, 2017/Author: Jason Gottesman
Categories: News and Views
RSS
12345678910Last