GOP opts to test budget-balancing plan

Pennsylvania House members are back at work in the Capitol building Harrisburg

Pennsylvania House members are back at work in the Capitol building Harrisburg

If it fails, the next step is unclear for the House, led by Speaker Mike Turzai, R-Allegheny.

Pennsylvania's House of Representatives returned to the Capitol on Monday for its first session in seven weeks, but a divided Republican majority argued over a new budget-balancing plan and provided no sign that a two-month budget stalemate will end anytime soon.

Despite the so-called taxpayers budget gaining traction in the house, Democratic Gov. Tom Wolf reportedly opposes the Republican plan stating that it would have consequences on a wide range of communities.

Stymied by dissension among Republicans, the Pennsylvania House of Representatives put off preliminary votes Tuesday on measures created to plug state government's $2.2 billion budget gap with money siphoned partly from public-transportation and environmental-improvement programs. Wolf's administration also has said that another $400 million in operating reserves counted in the House GOP plan simply does not exist.

House Republican leaders were considering how to shrink their plan's transfers to win enough support to pass the chamber, backers said.

Since the fiscal year beginning July 1, Wolf's administration has borrowed money from other state funds to keep the state's main bank account above zero. Some Republicans would be satisfied by paring back approved spending by $2 billion, while some Republicans say an income tax increase is necessary to fix state government's entrenched post-recession deficit. The Southeastern Pennsylvania Transportation Authority - the state's largest public transit agency - said it would lose nearly 20 percent of its budget in the middle of its fiscal year, forcing harsh cutbacks across all services and a 20 percent fare increase. However, with tax collections at a seasonal low flow, Wolf has warned that he is out of options starting this coming Friday to make payments on time.

But it also would contribute to an "economic "moral hazard" that effectively increases the long-term risks to the commonwealth's finances", Torsella and DePasquale said.

Notícias recomendadas

  • Today Marks The 16th Anniversary of 9/11

    Today Marks The 16th Anniversary of 9/11

    The memorial is outside Shanksville, Pennsylvania, where Flight 93 crashed with the loss of its 40 passengers and crew. United Airlines Flight 175 hit the south tower of the World Trade Center.
    Norway PM Solberg claims election victory after record stimulus

    Norway PM Solberg claims election victory after record stimulus

    Norway's Center Party is the biggest victor with a 4.0 percentage point improvement over the previous 2013 election. Polling stations opened across Norway on Monday as the oil-rich nation votes for its next four years of government.
    'Real Housewives' Star Evacuated Irma on a Private Jet | She's Not Sorry

    'Real Housewives' Star Evacuated Irma on a Private Jet | She's Not Sorry

    She said that the post was meant as a way to keep her loved ones updated on her family's well-being during the hurricane. In response to the "ignorant people leaving nasty comments", Lisa wrote , "we were not the only ones in this plane".
  • Leonardo DiCaprio wants to play Stan Lee in a biopic

    Leonardo DiCaprio wants to play Stan Lee in a biopic

    As the team expanded to include characters such as Wolverine, Storm, Nightcrawler and Colossus, the X-Men's popularity soared. If nobody would know what a mutant is, how will anybody know what an X-Man is?' But he had okayed the name and I used it".
    Fireball ending set for Saturn explorer Cassini after 20-year voyage

    Fireball ending set for Saturn explorer Cassini after 20-year voyage

    The pioneering space probe will leave no trace, keeping the surface of Saturn and its moons pristine for future exploration. The Cassini-Huygens mission is a cooperative project of NASA, ESA (European Space Agency) and the Italian Space Agency.
    Japanese two-way star Shohei Otani will reportedly play in Major League Baseball  next season

    Japanese two-way star Shohei Otani will reportedly play in Major League Baseball next season

    This could induce a fascinating collective pursuit, since every team will be interested in signing him as an global free agent. Nevertheless, the phenom who hits and pitches on an elite level intends to try his luck in America, Yahoo Japan reports .
  • Airtel Partners With SK Telecom For 5G Network In India

    Airtel Partners With SK Telecom For 5G Network In India

    Both the firms will work together towards shaping up and enabling a telecom ecosystem for introduction of such advanced technologies in the Indian context.
    House opens impeachment proceedings against Chief Justice Sereno

    House opens impeachment proceedings against Chief Justice Sereno

    Cruz added that for the meantime, Sereno continues to discharge her duties with fairness, integrity and humility. Bag-ao and Zarate said the charges against Sereno were based on hearsay and newspaper clippings.
    Jaguars WR Allen Robinson Suffered Torn ACL

    Jaguars WR Allen Robinson Suffered Torn ACL

    Lee started opposite Robinson Sunday, not catching a pass after catching 63 passes for 851 yards and three touchdowns last season. Allen Hurns and Marqise Lee remain the top receiving options at wide receiver, but don't sleep on Keelan Cole .
  • When Will My Power Be Back? FPL Urges Patience

    When Will My Power Be Back? FPL Urges Patience

    At least two dozen people died in the storm there and reports suggested almost all buildings on some islands had been destroyed. In its wake, it has left some 5.8 million homes and businesses in the state without power, Reuters reported .

    Traynor Capital Management Inc. Raises Position in 3M Company (MMM)

    Zacks Investment Research cut shares of 3M from a "buy" rating to a "hold" rating in a research report on Thursday, June 15th. Following the completion of the sale, the vice president now owns 3,066 shares in the company, valued at $633,619.56.
    F1 - Ecclestone : McLaren avec Renault et Alonso, c'est fait

    F1 - Ecclestone : McLaren avec Renault et Alonso, c'est fait

    Il n'y a pas de mystère sur le fait que le torchon brûle ou a brûlé entre McLaren et Honda . Selon lui, Honda va rester "engagé dans le futur" de la F1.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.