Gov. Josh Shapiro Proposes $48.34 Billion Budget for Pennsylvania
The budget focuses on education and economic development, utilizing state surpluses for major investments.
- Gov. Josh Shapiro unveils a $48.34 billion budget for Pennsylvania, marking a 6.2% increase from the previous year.
- The budget emphasizes major investments in education, including K-12 public schools and higher education, aiming to address funding disparities.
- Shapiro proposes spending surplus funds on education and economic development, challenging the practice of hoarding surplus in state accounts.
- The budget includes a significant allocation for public transit, with SEPTA and other agencies to receive $282.8 million in new state funding.
- Shapiro's proposals also touch on raising the minimum wage to $15, legalizing recreational marijuana, and investing in economic development to attract large industrial facilities.