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Episode 23: In which everyone blames everyone else

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Manage episode 187351581 series 1433864
Content provided by State House Sound Bites Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by State House Sound Bites Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The state House returned to session this week and, after several days of intense budget negotiations, put their cards on the table: a plan—passed narrowly without Democratic support—that relies on monetization of the state’s Tobacco Settlement Fund, internal fund transfers, and very little new revenue.

It’s not expected to become law. But it restarts inter-chamber talks and lets the Senate and Governor know where the House stands: they don’t want new taxes, and at least for now, they have the votes to avoid them.

Meanwhile, the general fund has hit zero and—because the Treasury won’t authorize any loans until the budget is balanced—Governor Tom Wolf is planning to delay billions of dollars in required payments until there’s enough money in the fund to make them.

The PLS Reporter’s Jason Gottesman and PennLive’s Jan Murphy join us to explain what this all means. House Minority Leader Frank Dermody (who really just wanted to buy some coffee) also makes a surprise guest appearance.

  continue reading

50 episodes

Artwork
iconShare
 

Archived series ("Inactive feed" status)

When? This feed was archived on August 02, 2022 15:15 (2y ago). Last successful fetch was on June 28, 2019 13:03 (5y ago)

Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 187351581 series 1433864
Content provided by State House Sound Bites Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by State House Sound Bites Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The state House returned to session this week and, after several days of intense budget negotiations, put their cards on the table: a plan—passed narrowly without Democratic support—that relies on monetization of the state’s Tobacco Settlement Fund, internal fund transfers, and very little new revenue.

It’s not expected to become law. But it restarts inter-chamber talks and lets the Senate and Governor know where the House stands: they don’t want new taxes, and at least for now, they have the votes to avoid them.

Meanwhile, the general fund has hit zero and—because the Treasury won’t authorize any loans until the budget is balanced—Governor Tom Wolf is planning to delay billions of dollars in required payments until there’s enough money in the fund to make them.

The PLS Reporter’s Jason Gottesman and PennLive’s Jan Murphy join us to explain what this all means. House Minority Leader Frank Dermody (who really just wanted to buy some coffee) also makes a surprise guest appearance.

  continue reading

50 episodes

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