Calm Before the Storm: An Analysis of Governor Wolf’s Proposed Budget for 2020-21
Originally published by KRC-PBPC here, By Diana Polson, Marc Stier, and Stephen Herzenberg We were in the last two weeks of work on this analysis of the governorās proposed budget for the fiscal year beginning on July 1, 2020, when the political and economic world in which weād been living tilted on its axis. The coronavirus that is responsible for the COVID-19 pandemic was creating havoc in China, both to the health of the population and to the economy of the country. It is now clear that the United States is heading into a recession. We should expect that our economy, and indeed the whole world, will suffer for some time. A recession will have a severe impact on the budget of Pennsylvania with regard to both revenues and expenditure. Revenues will certainly decline. And expenditures for human servicesāespecially for Medical Assistance (Pennsylvaniaās Medicaid program), Unemployment Compensation, SNAP (formerly calledā¦ Continue reading