On Tuesday, March 7th Governor Josh Shapiro proposed his first budget address. The $44.4billion proposal is approximately a $2billion dollar increase from the current Fiscal Year. The Governor gave his address to a joint Session of the House and Senate with new legislative leadership, including Speaker
Joanna McClinton and President Pro Temp Kim Ward, the first women to hold those posts.
“Seven weeks ago, when I took the oath of office, I spoke about the mandate the people have given us – they want us to reject extremism and division, and they want us to get real things done. We have the opportunity to pass a commonsense budget that speaks to their needs,” stated Governor Shapiro.
Shapiro also referenced that Pennsylvania’s General Fund Surplus and the savings in the Rainy-Day Fund are the largest in the Commonwealth’s history and that “we’ve built our budget around a conservative revenue estimate – so conservative, in fact, that we’re using projections that are $3 billion lower over the next five years than the Independent Fiscal Office – a notoriously cautious group of economic forecasters.”
Links to full Budget Proposal, Governor's Executive Budget and Line Items. Items of note–
Leave a Reply.