PBPC on the PA Budget: This Is NOT a Budget for the People
FOR IMMEDIATE RELEASE: July 7, 2022 Contact: Kirstin Snow, snow@pennbpc.org To: Members of the PA General Assembly, State Legislative Staff, Political reporters, Editorial Board Writers, and Columnists From: Marc Stier, Director, PA Budget and Policy Center Statement on Proposed Budget: PA Budget & Policy Center – This is NOT a budget for the people The new Pennsylvania Budget is a deep disappointment for Pennsylvania. At a time when the state is flush with cash, the Republican-led General Assembly has failed to meet the immediate needs of the vast majority of Pennsylvanians or invest enough in our future. Yet the budget does include an unnecessary and costly long-term cut in corporate taxes causing a one-year loss of $250 million in revenue in the current fiscal year will grow, to $2.25 billion per year at the end of eight years. Yet the state will still not ask wealthy, multinational corporations to pay… Continue reading