Harrisburg, PA – Today, Tom Wolf delivered his 8th and final PA budget address as Governor. Similar to previous budget proposals, Wolf has renewed his calls for increased spending.
Here is a look at some key figures from Wolf’s proposal:
- $45.7 Billion in General Fund Spending for FY 2022-23
- Increase of $4.5 Billion in Spending, or 10.9% Higher than Last Year’s Budget
- Would Result in a $1.3 Billion Budget Deficit for FY 2023-2024 and $13 Billion Deficit by FY 2026-27 According to Senate Appropriations Committee Projections
- Would Exhaust all $2 Billon of COVID Relief Funds, Allotted Through 2024, this Year
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In response to the Governor’s proposal SRCC Cycle Chair Senator Dave Argall stated, “The only good thing about this budget proposal is it will be the Tom Wolf’s last. Routinely Wolf has claimed to provide ‘fiscal leadership’ but in reality his plans would make our Commonwealth less financially secure.” Argall continued, “the Republican legislature has stood-up repeatedly for taxpayers by defeating Wolf’s big government spending. We will do so again. PA’s next Governor should not have to clean up Tom Wolf’s mess.”
“Gov. Wolf’s plan is nothing more than a redo of his first budget proposal where he asked taxpayers to foot the bill for his big government programs,” added SRCC Communications Director Michael Straw. “After a failed 2 years addressing the COVID pandemic, Wolf wants to lean on taxpayers in an attempt to improve his legacy. It’s a reckless plan during a time with record inflation.”