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Tom Wolf on Budget & Economy

 

 


Grow paltry rainy day fund from $245,000 to $500M by 2022

I'm offering a budget proposal that represents a responsible solution to our deficit challenge--and a different approach from the way things have been done in Harrisburg for almost a generation. Let's start here: In my proposed budget, there are no broad-based tax increases. At the same time, my budget protects the investments we've made in education, in senior services, in fighting the scourge of opioids, and in growing Pennsylvania's economy. And it sets our Commonwealth on a sustainable fiscal course that will grow our paltry rainy day fund from $245,000 today to almost $500 million by 2022.

How? By reforming our state government--and by making Harrisburg work smarter. One of my first acts as Governor--two years ago--was to identify $150 million we could save by making our state government more efficient--everything from negotiating for lower prices from vendors to putting voter registration online to streamlining the process for outgoing mail.

Source: 2017 State of the State address to Pennsylvania Legislature , Feb 7, 2016

OpEd: Line-item veto prolongs the budget impasse

Rep. Rick Saccone released the following statement after Gov. Tom Wolf used the line-item veto on several previously agreed upon items, including education funding, in order to prolong the budget impasse at the expense of Pennsylvania taxpayers.

"Gov. Wolf has finally realized that he cannot hold schools and human service agencies hostage during this budget stalemate. The Legislature has been calling for the release of this critical funding for months, and it is about time that our governor recognize the needs of our most vulnerable citizens. Gov. Wolf claims that the budget sent to him by the Senate last week cuts education funding by $95 million. This is simply untrue. This budget increased education funding by more than $400 million. It is well past time for the political posturing to come to an end. Once again, the governor has purposefully wasted an opportunity to end this budget impasse. Today's events are further evidence that Gov. Wolf is waging war on taxpayers."

Source: Press release on Pennsylvania legislative voting records , Dec 30, 2015

Cut personal taxes 13%; fund schools by gas extraction tax

My budget actually reduces the total tax burden on average middle-class homeowners by 13 percent. So how will we do it? We will do it with tax reforms that are smart, pragmatic, and fair. We will do it with changes that will help eliminate the deficit, protect the middle class, and set the table for robust private sector growth.

It starts by doing what every other major gas producing state has already done. We are going to place a severance tax on the extraction of natural gas. And we are going to tie the revenues from the tax to funding for public education.

I am proposing a five percent severance tax that is projected to generate more than $1 billion in annual revenues. While local communities will continue to receive funding to address the impact of the drilling, the bulk of these funds will be used to invest in public education.

This is not about politics or ideology. It is simply common sense.

Source: State of the State address to 2015 Pennsylvania Legislature , Mar 3, 2015

Other governors on Budget & Economy: Tom Wolf on other issues:
PA Gubernatorial:
Allyson Schwartz
John Fetterman
Ken Krawchuk
Mark Critz
Michael Nutter
Scott Wagner
Tom Corbett
PA Senatorial:
Bob Casey
Jim Christiana
Joe Sestak
Katie McGinty
Lou Barletta
Pat Toomey
Rick Saccone
Gubernatorial Debates 2021:
CA Recall:
S.D.Mayor Kevin_Faulconer(R)
vs.Former Gov. nominee John Cox(R)
vs.Former U.S.Rep Doug Ose(R)
NJ: Incumbent Phil Murphy(D)
vs.State Rep. Jack Ciattarelli(R)
vs.Candidate Hirsh Singh(R)
vs.GOP Hair Doug Steinhardt(R)
VA: Incumbent Ralph Northam(D,term-limited)
vs.A.G. Mark Herring(D)
vs.State Sen. Amanda Chase(R)
vs.Lt. Gov. Justin Fairfax(D)
vs.State Rep. Jennifer Carroll Foy(D)
vs.State Rep. Lee Carter(D)
vs.Former Governor Terry McAuliffe(D)
vs.State Sen. Jennifer McClellan(D)
vs.State Rep. Kirk Cox(R)

Gubernatorial Debates 2022:
AK: Incumbent Mike Dunleavy(R)
(no prospective opponents yet)
AL: Incumbent Kay Ivey(R)
(no prospective opponents yet)
AR: Incumbent Asa Hutchinson(R,term-limited)
vs.Lt. Gov. Tim Griffin(R)
vs.Trump Adviser Sarah Huckabee Sanders(R)
vs.A.G. Leslie Rutledge(R)
AZ: Incumbent Doug Ducey(R,term-limited)
(no prospective opponents yet)
CA: Incumbent Gavin Newsom(D)
vs.S.D.Mayor Kevin_Faulconer(R)
vs.Former Gov. nominee John Cox(R)
CO: Incumbent Jared Polis(D)
vs.Mayor Greg Lopez(R)
CT: Incumbent Ned Lamont(D)
(no prospective opponents yet)
FL: Incumbent Ron DeSantis(R)
vs.U.S.Rep. Val Demings(? D)
vs.Former Gov.Charlie Crist(? D)
GA: Incumbent Brian Kemp(R)
vs.Minority Leader Stacey Abrams(D)
vs.Senate candidate Shane Hazel(L)
HI: Incumbent David Ige(D,term-limited)
vs.State Rep. Andria Tupola(R)
IA: Incumbent Kim Reynolds(R)
vs.U.S.Rep. Cindy Axne(? R)
ID: Incumbent Brad Little(R)
(no prospective opponents yet)
IL: Incumbent J. B. Pritzker(D)
(no prospective opponents yet)
KS: Incumbent Laura Kelly(D)
(no prospective opponents yet)
MA: Incumbent Charlie Baker(R)
vs.Harvard Professor Danielle Allen(D)
vs.State Sen.Ben Downing(D)
MD: Incumbent Larry Hogan(R,term-limited)
vs.State Rep. Robin Ficker(R)
vs.State Rep. Peter Franchot(D)
vs.DNC chair Thomas Perez(D)
vs.RNC chair Michael Steele(? R)
Gubernatorial Debates 2022 (continued):
ME: Incumbent Janet Mills(D)
vs.Former Gov. Paul LePage(R)
MI: Incumbent Gretchen Whitmer(D)
(no prospective opponents yet)
MN: Incumbent Tim Walz(DFL)
vs.Mayor Mike Murphy(R)
NE: Incumbent Pete Ricketts(R,term-limited)
vs.U.S.Senator Bob Krist(R)
NH: Incumbent Chris Sununu(R)
(no prospective opponents yet)
NM: Incumbent Michelle Lujan Grisham(D)
(no prospective opponents yet)
NV: Incumbent Steve Sisolak(D)
vs.A.G.Adam Laxalt(? R)
vs.U.S.Rep. Mark Amodei(? R)
NY: Incumbent Andrew Cuomo(D)
vs.Lt.Gov.Kathy Hochul(D)
OH: Incumbent Mike DeWine(R)
vs.Dayton Mayor Nan Whaley(? D)
OK: Incumbent Kevin Stitt(R)
vs.State Sen. Ervin Yen(R)
OR: Incumbent Kate Brown(D,term-limited)
vs.Gov. nominee Bud Pierce(R)
PA: Incumbent Tom Wolf(D,term-limited)
vs.U.S.Rep. Lou Barletta(? R)
RI: Incumbent Gina Raimondo(D,to Cabinet)
vs.Gov. Dan McKee(D)
vs.Secy.Matt Brown(? D)
vs.Mayor Allan Fung(? R)
SC: Incumbent Henry McMaster(R)
vs.State Rep. James Emerson Smith(? D)
vs.U.S.Rep. Joe Cunningham(? R)
SD: Incumbent Kristi Noem(R)
vs.State Rep. Billie Sutton(? D)
TN: Incumbent Bill Lee(R)
vs.Senate nominee Marquita Bradshaw(? D)
TX: Incumbent Greg Abbott(R)
vs.U.S.Rep. Allen West(? R)
VT: Incumbent Phil Scott(R)
(no prospective opponents yet)
WI: Incumbent Tony Evers(D)
(no prospective opponents yet)
WY: Incumbent Mark Gordon(R)
vs.Minority Leader Chris Rothfuss(D)

Gubernatorial Debates 2023:
KY: Incumbent Andy Beshear(D)
vs.Former Gov. Matt Bevin(? R)
Senator Rand Paul(? R)
LA: Incumbent John Bel Edwards(D,term-limited)
vs.Biden Adviser Cedric Richmond(? D)
vs.Senator John Neely Kennedy(? R)
MS: Incumbent Tate Reeves(R)
(no prospective opponents yet)
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Page last updated: May 21, 2021