From today’s “Politically Uncorrected” by G. Terry Madonna and Michael L. Young:
1. The State is Struggling with an Operating Deficit and Not a Structural Deficit. The distinction is crucial. An operating deficit occurs when projected revenues for a fiscal year are less than projected expenditures. Operating deficits are temporary and self-correcting when business conditions improve. […]
Entries Tagged as 'Rendell'
Madonna & Young: 5 important things about Rendell’s budget
February 6th, 2009 · No Comments
Tags: Legislative Delegation · Rendell
Edging toward 10%
February 6th, 2009 · No Comments
Ouch.
From The Keystone Research Center:
This morning the federal government reported that the national economy shed more than nearly 600,000 jobs in January and the unemployment rate rose to 7.6 percent. Although official Pennsylvania job numbers for January won’t be released until later this month, the new national numbers imply a likely loss of nearly 30,000 […]
Of poker and prostitution
February 5th, 2009 · No Comments
Apparently there were lots of catcalls from Republicans when Gov. Ed Rendell, addressing the Legislature during his annual budget address Wednesday, proposed legalizing and taxing video poker. “I do not view the legalization of video poker as the first step in an attempt to expand gaming,” the governor said. The way Ed sees it, there […]
Tags: Legislative Delegation · Rendell
Local GOP Senators on Rendell budget
February 5th, 2009 · No Comments
Sen. Lloyd Smucker, a Republican from West Lampeter Township
Sen. Mike Brubaker, a Republican from Warwick Township
Sen. Mike Folmer, a Republican from Lebanon
Tags: Legislative Delegation · Rendell
In their own words: what local Republican lawmakers are saying about Rendell’s proposed budget
February 5th, 2009 · No Comments
Rep. Tom Creighton, a Republican from Rapho Township: “Families across the country are tightening their belts, cutting back to the bare necessities and asking themselves very difficult questions. With families struggling, I cannot imagine a single justification for a $705 million increase in state spending. It is time for government to live within its means…I […]
Tags: Legislative Delegation · Rendell
Rendell: Merge 500 school districts into 100
February 4th, 2009 · No Comments
In a surprise move, Gov. Ed Rendell today called for the consolidation of the state’s 501 school districts into as few as 100, a bold proposal he believes would ease the burden on local taxpayers and help curb spending. The previously undisclosed plan was included a $29 billion budget he unveiled this morning that would […]
Tags: Rendell




