Lawmakers’ Choices: Higher Taxes or Real Reform

Half the state budget is done: the spending list. The Pennsylvania House and Senate passed a general appropriations bill on Friday.

But the other half—how to pay for it—remains. The next couple weeks will be critical to determine whether we adopt meaningful fiscal reforms or ask working families to pay more.

Here’s what’s potentially on the table.

Job-killing tax hikes and risky borrowing schemes

Meaningful reforms that remain in play

In three years under Gov. Wolf, GF spending has grown by $2.9 billion. That’s more than in than in the prior eight years combined.

Pennsylvania ended the 2016-17 fiscal year with a $1.6 billion deficit. Why? The spending increase in 2016-17 alone was $1.8 billion.

We don’t have a revenue problem, we have a spending problem.

Lawmakers face a choice: They can repeat the mistakes of the past, and follow the lead of states like Illinois and New Jersey into insolvency. Or they can adopt fundamental reforms to address our long-term fiscal crisis, and improve our stagnant economy.