Wolf Stakes Budget Position Ahead of Deadline
Wolf is pushing for his proposed severance tax and closing tax loopholes to close the almost $2 billion deficit the state is facing for the 2017-2018 budget.
“In February, I presented a budget that closed the deficit and protected investments in schools, seniors and fighting the heroin epidemic. This proposal included more than $2 billion in cuts, savings, and efficiencies and $1 billion from a severance tax and closing loopholes, and investments in education and the fight against the heroin and opioid epidemic,” Wolf said in a statement outlining his priorities.
Wolf has been pushing for a severance tax since he ran for Governor in 2014.
Update: Some Republicans see the severance tax as a possibility. State Senator John Eichelberger opened the door to a severance tax at a Greencastle-Antrim Chamber of Commerce breakfast.
Wolf continues to face strong opposition to a severance tax in both the House and the Senate, where Republicans have large majorities.
“We always look at asset management, we always look at funds that are available within state government. Obviously, we aren’t looking at any new taxes, so we’ve got to look within and see what we can do to maximize our abilities with the assets that we have,” Senate Majority Leader Jake Corman (R-Centre) told PLS Reporter.
Wolf also took aim at the House GOP’s budget that passed the House in April.
The release said the the House GOP budget balanced by making “indiscriminate, devastating cuts to programs like job training, school safety, child care, and mental health and substance use treatment.”
The House budget was $810 million less than Wolf’s proposal, contained an increase in money to the general education fund.
PoliticsPA has reached out to the House GOP for comment.