Month: November 2018

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On the IFO Five-Year Economic and Budget Outlook

  By Pennsylvania, Pennsylvania Budget, Statements

This press release from the Pennsylvania Budget and Policy Center includes a statement from director Marc Stier regarding the November 2018 Press Release of the Independent Fiscal Office’s (IFO) Five-Year Economic and Budget Outlook for Pennsylvania. HARRISBURG — The Pennsylvania Budget and Policy Center released the following statement from director Marc Stier regarding today’s press release of the Independent Fiscal Office’s (IFO) Five-Year Economic and Budget Outlook for Pennsylvania: “The Independent Fiscal Office’s (IFO) Five-Year Economic and Budget Outlook, which was released today, confirms warnings we have been giving since July. While the state’s General Fund budget for the current year was balanced, it relied heavily on one-shot revenues and borrowing on the Tobacco Settlement. The previous two state budgets did the same thing. And the bills for paying for necessary state expenditures with one-shot revenues and borrowing are coming due. “The IFO predicts that the budget deficit for fiscal… Continue reading

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The We The People — PA Policy Agenda and the 2018 Midterm Election

  By Pennsylvania, Politics

Marc Stier of We The People — Pennsylvania made the following statement about last night’s General Assembly election results: Changing the direction of a state as large as Pennsylvania is a large project that takes some time. But Pennsylvania took a huge step towards embracing a new politics that focuses common-sense policies that work for all of us, not just for the wealthy and well-connected. When we launched We The People — Pennsylvania, conversations with people of all kinds from every part of the state told us that Pennsylvanians were looking for a new direction in our politics — one that focuses on positive, common-sense policies that work for all of us. Last night, voters across the state found those kind of candidates — candidates who endorsed the six principles of the We The People — PA policy agenda. In the General Election of 2018, five state Senate seats and eleven state House seats have… Continue reading