Lundi, 18 Décembre 2017
Dernières nouvelles
Principale » State treasurer tells lawmakers - No More Borrowing

State treasurer tells lawmakers - No More Borrowing

13 Septembre 2017

That Senate's package was meant to keep state agencies, programs, schools and institutions funded at levels supported overwhelmingly by lawmakers in a $32 billion spending agreement with Wolf, but it is deeply unpopular with House members.

The Patriot News reports that the Senate's plan to balance the budget using tax increases and expansions, gambling expansion, fund transfers, and borrowing will not be considered either completely or in part until after all non-tax and borrow options are explored.

This plan, developed by about two dozen House Republicans, would divert cash from reserves or off-budget programs, many of them for public transportation or environmental cleanups and improvements.

The plan would avoid raising taxes, other than extending Pennsylvania's 6 percent sales tax to third-party sales in online marketplaces.

An anticipated vote on a no-tax plan to pay for Pennsylvania's budget plan was a no go in the state House Tuesday.

UK Government seizes Dawood Ibrahim's assets
In 2015, the Indian investigators visited the Midlands to identify and seize the underworld kingpin's assets in the UK. Pakistan has repeatedly denied this claim. "India has been accusing Pakistan for long".

House Speaker Mike Turzai, R-Allegheny, informed rank-and-file lawmakers that they would remain in Harrisburg until a revenue package passes.

Reed was not entirely clear on whether the plan being tweaked was the "Taxpayer Caucus" proposal as put forth last week.

With the state's main bank account scheduled to hit zero on Friday, Wolf's administration is warning the eight insurers that administer benefits for 2.2 million Medicaid enrollees that they might not receive their monthly payments of about $800 million on time. Another $1.3 billion would come from floating bonds.

If lawmakers do not scrounge more money, the state's largest teacher's union warned that a almost $1 billion cut to public school aid is possible.

It also would increase taxes on consumers' utility bills - in particular, natural gas service - and impose a production tax on Marcellus Shale natural gas drilling, a key demand of Wolf's. That would force schools to lay off teachers again, much as they did to survive a almost $1 billion cut to aid in 2011, Dolores McCracken, president of the Pennsylvania State Education Association, told a liberal group rallying in the state Capitol on Monday.

State treasurer tells lawmakers - No More Borrowing