May. 02, 2017
HARRISBURG – The Department of Revenue delivered bleak news about Pennsylvania’s financial situation, stating tax revenue is short by more than $1 billion this fiscal year. In response, Rep. Seth Grove (R-Dover) issued the following statement:
“Pennsylvania reached a disturbing milestone in April when the tax revenue shortfall this fiscal year not only reached, but surpassed the $1 billion mark. To put this in perspective, $1.2 billion in lost revenue accounts for nearly 4 percent of the $31.6 billion 2016-17 state budget. What’s even more troubling is the state reached this new low in April, which is normally the largest revenue collection month on the fiscal year calendar.
“Pennsylvania’s revenue problem can be directly attributed to its spending problem. In fact, this manmade revenue problem could be averted through performance and policy-driven spending reductions. My legislation, House Bill 201, also known as the SMART Act, would allow the Legislature to prevent overspending and allocate spending based off program performance. It also establishes a revenue estimate committee to allow us to better forecast state revenues. We cannot continue down this path of overspending and basing budgets on unrealistic revenue projections.”
Representative Seth Grove
196th District
Pennsylvania House of Representatives
Media Contact: Greg Gross
717.260.6374
ggross@pahousegop.com
RepGrove.com /
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