Flickr
Gov. Tom Wolf delivered his annual budget address to Harrisburg lawmakers for the final time Tuesday morning. The formal beginning of the state’s budget negotiations process, Wolf unveiled his budget in front of several elected officials looking to take his place next year.
The party dynamics will once again be at play as the Democratic governor looks to solidify his legacy in Harrisburg. Wolf continued his focus on increasing investments in education, economic development, and healthcare. At the same time, Republican leaders in the General Assembly are expected to push back on his ambitious spending plan and counter his proposal to spend the billions of dollars of remaining federal relief funding.
Going into his final year, Wolf has emphasized the Keystone State’s good financial standing compared to when he first took office. The state is also still in pandemic recovery mode. As this year’s budget boasts a 12.8% change in corporate taxes and an overall surplus, the state is in a much better position compared to last year. In the coming weeks, we’ll see how the Wolf administration and Republican-controlled General Assembly grapple with increased revenues and a stash of federal aid in what will be a pivotal election year.
Here are some of the key numbers Wolf has proposed:
$43.7 billion in General Fund expenditures, compared to the $39.9 billion approved last year.
$47.1 billion in total revenues, compared to $46 billion last year.
$2.865 billion retained in the...
A nursing home run by the family of Kim Keon-hee lost the first trial in a lawsuit seeking to cancel the National Health Insurance Service's disposition to claw back about 1.4 billion won in long-...