Lawmaker says this budget drains critical reserves, leaves state vulnerable

Rep. Curt Schroder (R-East Brandywine) voted against the long-awaited state budget. The House passed, by a vote of 107-93, the budget bill presented by House Democrats. Schroder offered the following statement following the vote: 

"I could not vote for this bill. Like last year's budget, it contained inflated revenue projections and relied too heavily on stimulus funding and one-time revenues. By passing this legislation, the House is making the same mistake it made a year ago that resulted in a $3.5 billion revenue shortfall. 

"This budget drains the state's Rainy Day Fund and the Health Care Providers Retention Fund. Without these critical reserve accounts we will be unable to cushion an expected revenue shortfall next year. It also, for the first time, dips into the principal reserves in the tobacco settlement fund. With revenues already $140 million below projections for the year, I believe we will face another deficit next June. 

"The House Republicans had proposed a budget that is slightly leaner, balanced, did not raise taxes, funded essential state programs and services, and ensured that the state would live within its means, but it was not considered by the Democrat leadership in the House. Instead, we were forced to consider a budget bill that raises taxes by more than $1 billion during a recession.  

"On the bright side, we prevented an increase in the Personal Income Tax, sales tax, taxes on small games of chance and the arts, among others." 

The measure goes back to the Senate for concurrence on House amendments to the bill.

Rep. Curt Schroder
155th District
Pennsylvania House of Representatives
(610) 524-5595
(717) 783-2520
www.CurtSchroder.com
Contact: Donna M. Pinkham
(717) 260-6452
www.pahousegop.com