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Here is what I think needs to happen between the governor and the state legislators:
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From Scott Wagner's weekly update:
House Bill 1801 brings total spending for the 2015-2016 Fiscal Year to $30.031 billion, an $872.6 million (3 percent) increase over the 2014-2015 budget.
As you know, reining in spending and bringing accountability to the tax dollars we are already spending is a top priority for me. While I recognize that this spending plan is not perfect because it does not address the cost drivers like pensions and health care benefits, we are doing more harm to our schools and community service providers by dragging this process out any longer.
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BOTH sides have issues and BOTH sides have to share the blame for where we are with the budget as well as PA's Long Term Unfunded Liabilities of which the State employees pension system itself is a huge part. The can has been kicked down the road for years and we now find ourselves with approx. $56 Billion in unfunded liabilities due to the gross mismanagement of both sides of all of our State elected leaders and their self-serving interests and lack of fiscal responsibility.
$56 Billion & Counting: PA’s Pension Liability
Last edited by tennyson (3/18/2016 10:56 am)