As July begins, Pennsylvania enters into Fiscal Year 2022-23 without an FY 22-23 budget.
Republicans who control the General Assembly and Democratic Gov. Tom Wolf have yet to agree on all facets of the spending plan. Altogether, the governor has proposed allotting $43.7 billion in taxpayer money in the next budget cycle, a figure that Republicans have said is too high.
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A bill that was referred to the Pennsylvania House of Representatives Finance Committee last week would amend the state Constitution to allow voters to reject any state-level revenue hike.
The legislation, introduced by State Rep. David Rowe (R-Mifflinburg), would place a question on the primary ballot regarding any new tax or fee or any new increase in such levies. Should Pennsylvanians reject a revenue increase, the legislature could attempt to override the voters but would need support from two thirds of its members to succeed.
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A report released this week by the Commonwealth Foundation (CF), a Harrisburg-based think tank, underscores the drawbacks of lavish government spending for ordinary Pennsylvanians.
Inflation and the economic policies that fuel it have already weighed on the minds of Americans for months. Federal spending during the COVID-19 pandemic has skyrocketed to create a debt nearing $30 trillion, equating to 133 percent of the U.S. gross domestic product and amounting to $239,000 per taxpayer.
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