Uncertain Revenue Expectations Cloud Pennsylvania’s Financial Future
Two of Pennsylvania’s most respected economic analysts offered muddy expectations of future revenue estimates on Monday. Acting Revenue Secretary Pat Browne sat before the Senate Appropriations Committee – on which he served as majority chairman for nearly a decade before joining Gov. Josh Shapiro’s administration – to discuss how to spend the $50 billion in the state’s bank account at the end of the fiscal year on June 30. The total, including $42.2 billion in recurring revenues and $5.7 billion in rainy day funds, would cover Shapiro’s $44.3 billion spending plan that infuses significant investments into public education, public safety and workforce development. --- Support this podcast: https://podcasters.spotify.com/pod/show/pennsylvania-in-focus/support
Audio is streamed directly from the publisher (afp-444292-injected.calisto.simplecastaudio.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Two of Pennsylvania’s most respected economic analysts offered muddy expectations of future revenue estimates on Monday. Acting Revenue Secretary Pat Browne sat before the Senate Appropriations Committee – on which he served as majority chairman for nearly a decade before joining Gov. Josh Shapiro’s administration – to discuss how to spend the $50 billion in the state’s bank account at the end of the fiscal year on June 30. The total, including $42.2 billion in recurring revenues and $5.7 billion in rainy day funds, would cover Shapiro’s $44.3 billion spending plan that infuses significant investments into public education, public safety and workforce development.
Support this podcast: https://podcasters.spotify.com/pod/show/pennsylvania-in-focus/support
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.