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Tom Wolf on Budget & Economy

 

 


Grow paltry rainy day fund from $245,000 to $500M by 2022

I'm offering a budget proposal that represents a responsible solution to our deficit challenge--and a different approach from the way things have been done in Harrisburg for almost a generation. Let's start here: In my proposed budget, there are no broad-based tax increases. At the same time, my budget protects the investments we've made in education, in senior services, in fighting the scourge of opioids, and in growing Pennsylvania's economy. And it sets our Commonwealth on a sustainable fiscal course that will grow our paltry rainy day fund from $245,000 today to almost $500 million by 2022.

How? By reforming our state government--and by making Harrisburg work smarter. One of my first acts as Governor--two years ago--was to identify $150 million we could save by making our state government more efficient--everything from negotiating for lower prices from vendors to putting voter registration online to streamlining the process for outgoing mail.

Source: 2017 State of the State address to Pennsylvania Legislature , Feb 7, 2016

OpEd: Line-item veto prolongs the budget impasse

Rep. Rick Saccone released the following statement after Gov. Tom Wolf used the line-item veto on several previously agreed upon items, including education funding, in order to prolong the budget impasse at the expense of Pennsylvania taxpayers.

"Gov. Wolf has finally realized that he cannot hold schools and human service agencies hostage during this budget stalemate. The Legislature has been calling for the release of this critical funding for months, and it is about time that our governor recognize the needs of our most vulnerable citizens. Gov. Wolf claims that the budget sent to him by the Senate last week cuts education funding by $95 million. This is simply untrue. This budget increased education funding by more than $400 million. It is well past time for the political posturing to come to an end. Once again, the governor has purposefully wasted an opportunity to end this budget impasse. Today's events are further evidence that Gov. Wolf is waging war on taxpayers."

Source: Press release on Pennsylvania legislative voting records , Dec 30, 2015

Cut personal taxes 13%; fund schools by gas extraction tax

My budget actually reduces the total tax burden on average middle-class homeowners by 13 percent. So how will we do it? We will do it with tax reforms that are smart, pragmatic, and fair. We will do it with changes that will help eliminate the deficit, protect the middle class, and set the table for robust private sector growth.

It starts by doing what every other major gas producing state has already done. We are going to place a severance tax on the extraction of natural gas. And we are going to tie the revenues from the tax to funding for public education.

I am proposing a five percent severance tax that is projected to generate more than $1 billion in annual revenues. While local communities will continue to receive funding to address the impact of the drilling, the bulk of these funds will be used to invest in public education.

This is not about politics or ideology. It is simply common sense.

Source: State of the State address to 2015 Pennsylvania Legislature , Mar 3, 2015

Other governors on Budget & Economy: Tom Wolf on other issues:
PA Gubernatorial:
Allyson Schwartz
Mark Critz
Michael Nutter
Scott Wagner
Tom Corbett
PA Senatorial:
Bob Casey

Gubernatorial Debates 2017:
NJ: Guadagno(R) vs.Phil Murphy(D, won 2017 primary) vs.Ray Lesniak(D, lost 2017 primary) vs.Mayor Steve Fulop(declined Dem. primary, Sept. 2016) vs.Lesniak(D) vs.Wisniewski(D) vs.Ciattarelli(R) vs.Rullo(R)
VA: Gillespie(R) vs.Perriello(D) vs.Wittman(R) vs.Wagner(R) vs.Northam(D)
Gubernatorial Debates 2018:
AK: Walker(i) vs.(no opponent yet)
AL: Kay Ivey(R) vs.Countryman(D) vs.David Carrington (R) vs.Tommy Battle (R)
AR: Hutchinson(R) vs.(no opponent yet)
AZ: Ducey(R) vs.David Garcia (D)
CA: Newsom(D) vs.Chiang(D) vs.Villaraigosa(D) vs.Delaine Eastin (D) vs.David Hadley (R) vs.John Cox (R) vs.Zoltan Istvan (I)
CO: Ed Perlmutter (D) vs.Johnston(D) vs.Mitchell(R) vs.Cary Kennedy (D) vs.George Brauchler (R) vs.Doug Robinson (R)
CT: Malloy(D) vs.Drew(D) vs.Srinivasan(R) vs.David Walker (R)
FL: Gillum(D) vs.Graham(D) vs.Mike Huckabee (R) vs.Adam Putnam (R)
GA: Kemp(R) vs.Casey Cagle (R) vs.Hunter Hill (R) vs.Stacey Abrams (R)
HI: Ige(D) vs.(no opponent yet)
IA: Kim_Reynolds(R) vs.Leopold(D) vs.Andy McGuire (D) vs.Nate Boulton (D)
ID: Little(R) vs.Fulcher(R)
IL: Rauner(R) vs.Kennedy(D) vs.Pawar(D) vs.Daniel Biss (D) vs.J.B. Pritzker (D)
KS: Brewer(D) vs.Wink Hartman (R)
MA: Baker(R) vs.Gonzalez(D) vs.Setti Warren (D) vs.Bob Massie (R)
MD: Hogan(R) vs.Alec Ross (D) vs.Richard Madaleno (D)
ME: (no candidate yet)
MI: Whitmer(R) vs.El-Sayed(D) vs.Tim Walz (D)
MN: Coleman(D) vs.Murphy(D) vs.Otto(D) vs.Tina Liebling (DFL) vs.Tim Walz (DFL) vs.Matt Dean (R)
NE: Ricketts(R) vs.(no opponent yet)
NH: Sununu(R) vs.Steve Marchand (D, Portsmouth Mayor)
NM: Grisham(D) vs.(no opponent yet)
NV: Jared Fisher (R) vs.(no opponent yet)
NY: Cuomo(R) vs.(no opponent yet)
OH: DeWine(R) vs.Schiavoni(D) vs.Sutton(D) vs.Taylor(R) vs.Jim Renacci (R) vs.Jon Husted (R) vs.Connie Pillich (D)
OK: Gary Richardson (R) vs.Connie Johnson (D)
OR: Brown(D) vs.Scott Inman (D)
PA: Wolf(D) vs.Wagner(R)
RI: Raimondo(D) vs.(no opponent yet)
SC: McMaster(R) vs.McGill(R) vs.Pope(R)
SD: Noem(R) vs.Jackley(R)
TN: Green(R) vs.Dean(D)
TX: Abbott(R) vs.(no opponent yet)
VT: Scott(R) vs.(no opponent yet)
WI: Walker(R) vs.Harlow(D)
WY: (no candidate yet)
Newly-elected governors (first seated in Jan. 2017):
DE-D: Carney
IN-R: Holcomb
MO-R: Greitens
NH-R: Sununu
NC-D: Cooper
ND-R: Burgum
VT-R: Scott
WV-D: Justice

Retiring 2017-18:
AL-R: Robert Bentley(R)
(term-limited 2018)
CA-D: Jerry Brown
(term-limited 2018)
CO-D: John Hickenlooper
(term-limited 2018)
FL-R: Rick Scott
(term-limited 2018)
GA-R: Nathan Deal
(term-limited 2018)
IA-R: Terry Branstad
(appointed ambassador, 2017)
ID-R: Butch Otter
(retiring 2018)
KS-R: Sam Brownback
(term-limited 2018)
ME-R: Paul LePage
(term-limited 2018)
MI-R: Rick Snyder
(term-limited 2018)
MN-D: Mark Dayton
(retiring 2018)
NM-R: Susana Martinez
(term-limited 2018)
OH-R: John Kasich
(term-limited 2018)
OK-R: Mary Fallin
(term-limited 2018)
SC-R: Nikki Haley
(appointed ambassador, 2017)
SD-R: Dennis Daugaard
(term-limited 2018)
TN-R: Bill Haslam
(term-limited 2018)
WY-R: Matt Mead
(term-limited 2018)
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Page last updated: Jul 28, 2017