As of this writing (around noon on Friday, 6/30), the legislature is on track to send a spending plan for the 2017/18 fiscal year to Governor Tom Wolf’s desk by the end of the day, which means they’ll successfully meet their budget deadline. Kind of.
The spending plan is a bipartisan compromise—no easy thing for PA’s legislature and governor to achieve. But it doesn’t include a revenue plan, which means it’s not balanced—and in fact, lawmakers are still pretty far from agreeing on exactly how to fill a roughly $2.2 billion hole.
PennLive’s Charlie Thompson and Angela Couloumbis of the Philly Inquirer join us to talk about the political, legal, and fiscal ramifications of handling a budget this way. Plus, we break down the relatively minimal changes in spending laid out by the legislature’s $32 billion plan.
Things will probably have changed by the time you listen to this podcast, so keep an eye on WITF’s state politics feed for updated information.