The Liberty Blog

Syndicate content
Centered on Constitutional Limited Government, Economic Freedom and Personal Responsibility.
Updated: 2 hours 3 min ago

Et Tu, Senators Wagner, Eichelberger and Folmer: $27 BBILLION New Debt Authorized in 3 Acts

Fri, 2014-07-25 14:22

 Et tu, Senators Wagner, Eichelberger and Folmer? Republican Senate UNANIMOUSLY voted YEA to authorizing $27,451,323,000 , (about $27 and ½ Bbillion dollars) in new borrowing. ? These three borrowing Acts are not good news for the taxpayer: they authorize $27,451,323,000 that is about $27 and ½ Bbillion dollars in new borrowing.  Debt is deferred Taxation. The Forgotten Taxpayer is disheartened and afraid.

Debt is deferred taxation. More debt means higher taxes in the future.

Tom Corbett signed into law three bills that increased Pennsylvania Debt by 27,451,323,000 , (about $27 and ½ Bbillion dollars)

Republican leadership in House and Senate, voting like Democrats, are complicit enablers in increasing authorization of the debt burden imposed on Pennsylvania taxpayers.

    $27,451,323,000 , (about $27 and ½ Bbillion dollars) in new borrowing

Act 127 of 2014 authorizes $6,515,565,000 Road and Bridge Debt

Act 129 of 2014 authorizes $19,154,285,000 Road and Bridge Debt

Act 128 of 2014 authorizes $1,781,373,000 Redevelopment Assistance Capital Budget.

House Republican Leadership, including Mike Turzai, and Senate Republican Leadership and EVERY SENATOR voted YEA to authorizing $27,451,323,000, (about $27 and ½ Bbillion dollars) in new borrowing. These three borrowing Acts are not good news for the taxpayer: they authorize $27,451,323,000 that is about $27 and ½ Bbillion dollars in new borrowing.  Debt is deferred Taxation. The Forgotten Taxpayer is disheartened and afraid. Republicans voted with Democrats to increase debt. How are we to believe the sound and fury of Mike Turzai when he, and Republican leadership, voted to authorize $27,451,323,000, (about $27 and ½ Bbillion dollars) in new borrowing?

 

  Who will take the lead?

“Debt payments from the General Fund Budget exceed $1 billion per year; nearly triple what it was 12 years ago.” Republicans voted with Democrats to increase debt. How are we to believe the sound and fury of Mike Turzai when he, and Republican leadership, voted to authorize $27,451,323,000, (about $27 and ½ Bbillion dollars) in new borrowing?  Commonwealth Foundation 23 July 2014 House Majority Leader Moves to Reduce Debt Burden  ??? This seems odd in light of Majority Leader Turzai’s led the Republican House to vote to authorize $27,451,323,000  new debt. Republican leadership is not leading in reducing Pennsylvania debt even though they are well aware of the problem. Why Not? Who are they afraid of?

*

     Why is the General Assembly authorizing more debt as Pennsylvania’s municipal bond rating is lowered?

Moody’s Investors Services downgrades Pennsylvania’s bond rating

Downgrade Detrimental to Taxpayers JULY 22, 2014  Bob Dick and Nate Benefield

Increasing Debt on Millennials does not seem the way to influence voters to support you. Consider this. The Electorate is diverse and complicated but Millennials don’t want to be, and cannot be, dependent on parents forever. It is humiliating and debilitating not to have a productive job and not to be compensated for your efforts to contribute to society

How Republicans Can Win Millennial Voters   More Debt won’t persuade them.

 

       

        Liberty Index 2014 Three Debt Votes

 A YEA vote is a vote against economic LIBERTY and against The Forgotten Taxpayer.

Act 127 of 2014 HB 2244 “A Supplement to the act of December 8, 1982 known as the Highway-Railroad and Highway Bridge Capital Budget Act for 1982-1983, itemizing additional State and local bridge projects.“

Fiscal Note Act 127 of 2014 Senate Appropriations Committee: $6,515,565,000 Road and Bridge Debt Authorized

House vote Act 127 of 2014 2 July 200 YEA to authorize more debt 2 NAY and 1 LVE

*

Act 129 of 2014 SB 1344 “ An Act providing for the highway capital budget project itemization for the fiscal year 2014-2015 to be financed from current revenue or by the incurring of debt “

 Fiscal Note Act 129 of 2014  House Committee on Appropriations: $19,154,285,000 Road and Bridge Debt Authorized

House vote Act 129 of 2014 2 July 202 YEA to authorize more debt 1 LVE

*

Does this mean than money from the Gas and Fuel Tax, Act 89 of 2013 which, if I read the Fiscal Note from the House Committee on Appropriations taxes and spends $7,307,000,000 to $7,584,000,000 over five years. See page 9 chart of Fiscal NoteAct89 of 2013  of the House Committee on Appropriations

The money raised by Act 89 of 2013 gas and fuel tax can be used to borrow money and, in effect, leverage gas and fuel taxes to generate more spending and debt. Debt is deferred taxation so that, in effect, Act 89 of 2013 will cost even more than the Act 89 of 2013 would indicate. Do I understand this all correctly?

Further, given the $7.3 to $7.5 Bbillion raised by Act 89 of 2013 gas and fuel tax was to fix the crumbling roads and bridges falling down, why is Capital spending and capital borrowing needed?

*

Separately:   Capital Budget RACP authorizing debt for Capital Projects

ONE BILLION, SEVEN HUNDRED EIGHTY ONE MILLION THREE HUNDRED AND SEVENTY THREE THOUSAND

If the full authorization of $1,295,000,000 was incurred and bonds were sold at an interest rate of 3,25% the total estimated debt service would be $1,781,373,000 or $89,069,000 each year for twenty years

Act 128 of 2014 HB 2355  Fiscal Note Act 128 of2014  Committee on Appropriations $1,781, 373,000,000 Debt Authorized

“Act providing for the capital budget for the fiscal year 2014-2015; itemizing redevelopment assistance capital projects to be constructed or acquired or assisted by the Department of Community and Economic Development, together with their estimated financial costs; authorizing the incurring of debt without the approval of the electors for the purpose of financing the projects to be constructed, acquired or assisted by the Department of Community and Economic Development; and making appropriations.”

House Vote Act 128 of 2014 2 July 2014  172 voted YEA to authorize more debt; 27 voted NAY to authorizing  and 2 were LVE

9 Democrats voted NAY 18 Republicans  voted NAY

For list of Capital Budget submissions and grants, see Governor’s Department of Budget Office Redeve Redevelopment Assistance Capital Budget

Categories: Pennsylvania

Infuriating Republicans Authorize More Pennsylvania Debt

Sun, 2014-07-20 07:00

 The debt burden affects everyone in Pennsylvania, directly and indirectly, although it is the Forgotten Taxpayer who works, saves and invests who pays. More government debt means less productive, job creating growth

 

Bbillions of Borrowing for Roads and Highways over and above the $7.3 to $7.5 Bbillion over 5 years from Act 89 of 2013?

Act 127 of 2014 and Act 129 of 2014 seems to leverage Act 89 of 2014 to use gas and fuel taxes and fees for more capital project borrowing.

Act 127 of 2014 authorizes $6,515,565,000 Road and Bridge Debt

Act 129 of 2014 authorizes $19,154,285,000 Road and Bridge Debt

*

Act 127 of 2014 HB 2244 “A Supplement to the act of December 8, 1982 known as the Highway-Railroad and Highway Bridge Capital Budget Act for 1982-1983, itemizing additional State and local bridge projects.“

Fiscal Note Act 127 of 2014 Senate Appropriations Committee: $6,515,565,000 Road and Bridge Debt Authorized

House vote Act 127 of 2014 2 July 200 YEA to authorize more debt 2 NAY and 1 LVE

*

Act 129 of 2014 SB 1344 “ An Act providing for the highway capital budget project itemization for the fiscal year 2014-2015 to be financed from current revenue or by the incurring of debt “

 Fiscal Note Act 129 of 2014  House Committee on Appropriations: $19,154,285,000 Road and Bridge Debt Authorized

House vote Act 129 of 2014 2 July 202 YEA to authorize more debt 1 LVE

*

Does this mean than money from the Gas and Fuel Tax, Act 89 of 2013 which, if I read the Fiscal Note from the House Committee on Appropriations taxes and spends $7,307,000,000 to $7,584,000,000 over five years. See page 9 chart of Fiscal NoteAct89 of 2013  of the House Committee on Appropriations

The money raised by Act 89 of 2013 gas and fuel tax can be used to borrow money and, in effect, leverage gas and fuel taxes to generate more spending and debt. Debt is deferred taxation so that, in effect, Act 89 of 2013 will cost even more than the Act 89 of 2013 would indicate. Do I understand this all correctly?

Further, given the $7.3 to $7.5 Bbillion raised by Act 89 of 2013 gas and fuel tax was to fix the crumbling roads and bridges falling down, why is Capital spending and capital borrowing needed?

*

Separately:   Capital Budget RACP authorizing debt for Capital Projects

ONE BILLION, SEVEN HUNDRED EIGHTY ONE MILLION THREE HUNDRED AND SEVENTY THREE THOUSAND

If the full authorization of $1,295,000,000 was incurred and bonds were sold at an interest rate of 3,25% the total estimated debt service would be $1,781,373,000 or $89,069,000 each year for twenty years

Act 128 of 2014 HB 2355  Fiscal Note Act 128 of2014  Committee on Appropriations $1,781, 373,000,000 Debt Authorized

“Act providing for the capital budget for the fiscal year 2014-2015; itemizing redevelopment assistance capital projects to be constructed or acquired or assisted by the Department of Community and Economic Development, together with their estimated financial costs; authorizing the incurring of debt without the approval of the electors for the purpose of financing the projects to be constructed, acquired or assisted by the Department of Community and Economic Development; and making appropriations.”

House Vote Act 128 of 2014  2 July 2014  172 voted YEA to authorize more debt; 27 voted NAY to authorizing  and 2 were LVE

9 Democrats voted NAY  18 Republicans  voted NAY

 For list of Capital Budget submissions and grants, see Governor’s Department of Budget Office Redeve Redevelopment Assistance Capital Budget

Tax revenues are a reliable indicator of real world commercial activity

Gambling revenues decline resulting in lower revenue for the state operated programs

Labor market participation falls in Pennsylvania

The state’s unemployment rate was unchanged last month as more people dropped out of the labor force.

The jobless rate was 5.6 percent in June, the same as in May, and employers added a meager 1,800 jobs, according to the Department of Labor & Industry’s monthly labor market report on Friday.

The number of Pennsylvanians who reported they were unemployed fell by a seasonally adjusted 6,000 to 357,000, the report showed. But the civilian labor force declined by 28,000 people to 6,403,000

Commonwealth Foundation 15 May 2014 Pennsylvania State Budget

Rising Debt and Tax Burden

  • From 2002 to 2013, Pennsylvania state debt—including debt held by state agencies—more than doubled, from $23.7 billion to $50.4 billion.
    • Today, Pennsylvanians owe $128.6 billion in combined state and local government debt, or a little more than $10,000 for every man, woman, and child.

Pennsylvania State & Local Government Debt

Debtor

Debt Outstanding

Per Person

Total State

$50,429,717,000

$3,948

   State

$11,188,917,000

$876

   State Agencies & Authorities

$39,240,800,000

$3,072

Total Local

$78,216,434,000

$6,123

   School Districts

$27,278,259,814

$2,315

   County/Municipal/Twp/Other

$50,938,174,186

$3,988

Total

$128,646,151,000

$10,071

Sources: Governor’s Executive Budget (http://www.budget.state.pa.us) December 2013 data; PA Dept of Education (http://www.pde.state.pa.us) June 2012 data; U.S. Census Bureau (http://www.census.gov/govs/www/estimate.html) 2013 data
  • Pennsylvania has the 10th highest state and local tax burden in the nation, up from 24th in 1991, according to the Tax Foundation.

 

Categories: Pennsylvania

2014 the 100th anniversary of home air conditioning.

Sun, 2014-07-20 06:45

Charles Gilbert Gates was the first American to have air conditioning installed in his private residence.

Air Conditioning was invented by Willis Havilland Carrier, a secular saint in my view.

 

  Charles Gilbert Gates

 The first US air conditioned residence

  Willis Haviland Carrier, engineer and innovator

 

Cui bono? Who benefits from the intiative and invention and imagination and innovation of these people? We do.

 

 

 

 

 

Categories: Pennsylvania

Kathleen Kane’s Incompetence v. Republican Fecklessness 2016

Sun, 2014-07-20 06:35

 It appears that Kathleen Kane is in over her head. Her credentials were thin to begin with but she wasn’t tied to Corbett the way that Dave Freed was. Kathleen Kane may well be unqualified to be AG.

 Let us see what happens to the Turnpike “pay to play” case  and to the Spanier, Schultz and Curly trial. If she loses either or both, it will be more evidence of her incompetence.

   

 The good news for Kathleen Kane is that the feckless Republicans do not have any candidate even remotely qualified to challenge Kathleen Kane. 

 In 2012 Kathleen Kane dominated Dave Freed who could not win the Republican base vote. Dave Freed received substantially fewer votes than either of the other two state wide candidates for Auditor General John Maher or Treasurer Diana Irey  Vaughan. The base rejected Corbett’s choice. If Corbett loses, as is likely, in November, then Rs may have a chance to field a credible and competent candidate.

I am pessimistic. 

READ MORE PennLive Charles Thompson 14 July 2014

 

StateWide  http://www.electionreturns.state.pa.us/Default.aspx?EID=27&ESTID=2&CID=0&OID=5&CDID=0&PID=0&DISTID=0&IsSpecial=0&PageRefID=1

 

Candidate Votes Percentage KANE, KATHLEEN G (DEM) 3,125,557 56.14 % FREED, DAVID J (REP) 2,313,506 41.56 % ROGERS, MARAKAY J (LIB) 128,140 2.30 %

 http://www.electionreturns.state.pa.us/Default.aspx?EID=27&ESTID=2&CID=0&OID=6&CDID=0&PID=0&DISTID=0&IsSpecial=0&PageRefID=1

Auditor General

 

StateWide

 

Candidate Votes Percentage DEPASQUALE, EUGENE A (DEM) 2,729,565 49.73 % MAHER, JOHN (REP) 2,548,767 46.43 % SUMMERS, BETSY ELIZABETH (LIB) 210,876 3.84 %

 http://www.electionreturns.state.pa.us/Default.aspx?EID=27&ESTID=2&CID=0&OID=7&CDID=0&PID=0&DISTID=0&IsSpecial=0&PageRefID=1

 

State Treasurer

 

StateWide

 

Candidate Votes Percentage MCCORD, ROBERT M (DEM) 2,872,344 52.53 % VAUGHAN, DIANA IREY (REP) 2,405,654 43.99 % FRYMAN, PATRICIA M (LIB) 190,406 3.48 %

 

Categories: Pennsylvania

Personnel is Policy: Tom Corbett, Acting Sec. of ED Dumaresq and the PSEA

Sun, 2014-07-20 06:00

Corbett’s cordial relationship with teachers’ unions tells us why K-12 unionized, government bureaucracy cost so much. (Hat tip to Pennsylvanians for Union Reform  and Jim Panyard  for this  27 August  2013 report.

The PSEA has been the most well-financed and very effective opposition to pension finance reform.

Personnel is Policy: PSEA’s person is Pennsylvania Secretary of Education.          

“Dumaresq, 66, left PSEA in 2008 after 12 years with the teacher union. During her last five years with PSEA, she grossed just under $1 million ($957,333), according to federal records.

She also has served as president of the Pennsylvania Association of  School Administrators (PASA) and had served as Executive Deputy Secretary of the Education Department under both Tomalis and Harner.

In addition to her bona fide liberal credentials as head of the PSEA and PASA, Dumaresq has received recognition awards from the Education Policy and Leadership Centerthe American Association of University Women, and the Keystone Research Center, a left-wing think tank supported by PSEA and the AFL-CIO.” READ MORE Mediatrackers 13 August 2013

Categories: Pennsylvania

The Five Year Cost of Act 89 of 2013 — What Republicans Imposed

Sun, 2014-07-20 06:00

The cost of the Republicans’ Act 89 of 2013 is tax of $7,307,000,000 is $7,584,000,000 on motorists and truckers in Pennsylvania. See page 9 chart of Fiscal Note of the House Committee on Appropriations

 

  

 

Categories: Pennsylvania

Pennsylvania AFL-CIO Endorse Democrat Tom Wolf and 18 Republicans: Naming Names

Sat, 2014-07-19 06:50

What does this tell us?

We recall that liquor business continues to be owned and operated by the state and the pension finances have not been reformed.

        Mike Vereb Montgomery County Republican Committee is financed by Democratic Union.

 

“Altogether, 18 State Rep. and 5 State Senate GOP nominees won the AFL-CIO nod.

The Republican from the upper chamber were Senators Tommy Tomlinson (SD-6), Robert Greenleaf (SD-12), Pat Brown (SD-16), Mario Scavello (SD-40) and John Rafferty Jr. (SD-44).

Meanwhile the GOP nominees for the State House are as follows: Jim Marshall (HD-14), Gene DiGirolamo (HD-18), Bernie O’Neill (HD-29), Robert Godshall (HD-53), Glen Grell (HD-87), John Payne (HD-106), David Millard (HD-109), Karen Boback (HD-117), Mike Peifer (HD-139), Frank Farry (HD-142), Marguerite Quinn (HD-143), Mike Vereb (HD-150), Thomas Murt (HD-152), Joe Hackett (HD-161), Nick Miccarelli (HD-162), William Adolph Jr. (HD-165), Thomas Killion (HD-168), and John Taylor (HD-177)

“We highly recommend these candidates for Pennsylvania’s working families,” said PA AFL-CIO President Rick Bloomingdale. ‘We are confident that they will support us as we fight to grow and protect jobs and support policies that will improve opportunities and the quality of life of working families. From the top of the ticket – Tom Wolf for Governor – and throughout this ticket, we have an excellent choice of leaders who are committed to keeping workers on a level playing field and moving Pennsylvania forward.’ ”  READ MORE PoliticsPa Nick Field 14 July 2014

 

Categories: Pennsylvania

Philadelphia Not Small Business Friendly

Fri, 2014-07-18 07:00

Philadelphia is not small business friendly. These petty, and no so petty, harassments are endlessly depressing to growth.

 

wait…it’s for the children 

 

Categories: Pennsylvania

Pennsylvania’s Gimmicky Budget

Thu, 2014-07-17 07:00

“An approximately $29 billion state government operating budget under negotiation in the Legislature is likely to be based on a fast-growing amount of one-time cash items to avoid the prospect of a tax increase that would split the House’s and Senate’s Republican majorities.

The one-time items — derided by critics as gimmicks — include raiding off-budget programs, postponing bills and cleaning out reserves.” Marc Levy Associated Press 28 June 2014

The House and Senate kicked the Pension Can down the road again and the Governor sent them a message. Good for him.

The Governor did use his Constituional line item veto:  ”Corbett cut $65 million from the legislature’s operating budget of $330 million. He vetoed $7.2 million in designated legislative spending, including $5 million for legislative parking in Harrisburg.

The $65 million represents 43 percent of the legislature’s carefully guarded $150 million surplus. Leaders refused to give any of that money to taxpayers when balancing the budget and now must spend some of the surplus to operate, said Corbett.” Brad Bumsted  10 July 2014

Categories: Pennsylvania

Republican Dave Reed’s Five Votes for Welfare to the Wealthy

Wed, 2014-07-16 10:11

    County Representative Dave Reed’s Five (5) Votes for Welfare to the Wealthy. 

District 62 Map  Republican, serving Indiana County (Part) Leadership

Majority Policy Chairman Member of the House  2003 to date   Penna. House Republican Leadership

THE RECORD IS THE RECORD. This is the record as reported by the General Assembly itself.

  Republican Representative David M. Maloney voted YEA to give, that is, redistribute  almost 1/2 Bbillion Taxpayer Dollars to multi-billion dollar, private, tax-exempt corporations. Representative Maloney forced the Forgotten Taxpayer to finance these very wealth corpoations. Why these Favored Five Corpoations and not all private universities and colleges? How much better are we all off that these Favored Five are financed by the government and that taxpayer money has been redistributed to them. Generally, I thought, Republicans think that government dependency, year after year, is morally corrosive and demoralizing as well as being bad economics.

   The Republican Governor and the Republican General Assembly voted to give  tax-exempt multibillion dollar private corporation Penn State   $229, 694,000  taxpayer dollars by Act 10A of 2013  House vote 1 July 2013 SB725  This vote was 199 to 4 with real Republicans John McGinnis, Daryl Metcalfe Carl Metzgar and Democrat Haluska voting NAY House Committee on Appropriations Fiscal Note     Penn State $229, 694,000

  The Republican Governor and the Republican General Assembly voted to give  tax-exempt multibillion dollar private corporation   UPITT $136,076,000 taxpayer dollars by Act 11A of 2013  House vote 1 July 2013 SB726  This vote was 199 to 4 with real Republicans John McGinnis, Daryl Metcalfe Carl Metzgar and Democrat Haluska voting NAY  House Committee on Appropriations Fiscal Note   UPITT $136,076,000

  The Republican Governor and the Republican General Assembly voted to give  tax-exempt multibillion dollar private corporation  TempleU $139, 917,000 taxpayer dollars by Act 12A of 2013  House vote 1 July 2013 SB727  This vote was 199 to 4 with real Republicans John McGinnis, Daryl Metcalfe Carl Metzgar and Democrat Haluska voting NAY  House Committe on Appropriations Fiscal Note     TempleU $139, 917,000 

  The Republican Governor and the Republican General Assembly voted to give  tax-exempt multibillion dollar private corporation  LincolnU $13,163,000 taxpayer dollars by Act 13 A of 2013  House vote 1 July 2013 SB728  This vote was 199 to 4 with real Republicans John McGinnis, Daryl Metcalfe Carl Metzgar and Democrat Haluska voting NAY House Committee on Appropriations Fiscal Note LincolnU $13,163,000

   $2,000,000 compensation package is subsidized by Pennsylania’s Forgotten Taxpayer.

The Republican Governor and the Republican General Assembly voted to give  tax-exempt multibillion dollar private corporation UPENN $28,261,000  taxpayer dollars by Act 14A of 2013  House vote 1 July 2013 SB729  This vote was 197 to 6 with real Republicans   Krieger John McGinnis, Daryl Metcalfe Carl Metzgar Reese and Democrats Haluska and Petrarca  voting NAY  House Committee on Appropriations Fiscal Note UPENN $28,261,000

        

 

 Only Representatives Metcalfe and McGinnis Metzgar and Democrat Haluska voted NAY five times AGAINST more spending which is funded by the taxpayers and FOR Liberty, Economic Freedom and The Forgotten Taxpayer

 

  District 69 Map  Republican, serving Bedford County (Part), Somerset County (Part)  Member of the House  2009 to date

 

    District 12 Map  Republican, serving Butler County (Part) Member of the House  1999 to date

  District 79 Map  Republican, serving Blair County (Part)   Member of the House 2013 to date   District 73 Map  Democrat, serving Cambria County (Part)  Member of the House  1995 to date
Categories: Pennsylvania

Pennsylvania Pensions Pennsylvania Government Spending: What? Me, Worry?

Wed, 2014-07-16 07:00

 What, if any, any downside to more government spending, more government borrowing and higher taxes on the private, productive sector?

What, if any, is the impact of reducing spending, reducing borrowing and lowering taxes on the private, productive sector?

Is there any way to reduce government spending and government borrowing so that higher taxes will not be necessary?

There are billions and billions of other spending. Focusing on only one spending category, pensions,  diverts attention from other opportunities to reduce spending. Bureaucracies are expensive.

Pensions cannot be cut retroactively so they will continue to drive need for more taxes. I think higher taxes mean lower productive growth and lower wages. But I could be wrong …maybe more state and city spending will increase productivity and increase wages. What do you think? Is there more opportunity elsewhere?

I think recent events in Harrisburg tell us that Union Democrats and Union Republicans dominate the legislature. In any event, the unions cannot bargain away vested pensions. As I have pointed out, billions can be cut elsewhere. Pensions are here to stay.

  It may be that you are on a sinking ship and don’t know it. There are many thinks we don’t know that we don’t know: the Unknown Unknowns. On the other hand, maybe  I  am inferring too much fiscal pessimism from the numbers. 

Categories: Pennsylvania

Pittsburgh Penguins Console Energy – Welfare to the Wealthy

Mon, 2014-07-14 08:00

Is this really necessary to the General Welfare? Promoting a multi multi millionaire energy company and a multi multi millionaire sports team is not in the public interest or that of The Forgotten Taxpayer who is forced to pay for something only an infinitesimal number of people, actually, use.  Meanwhile, pension reform is kicked down the road.

 ” Corbett’s press secretary Jay Pagni said the state must pay $5.6 million over the next five years — $946,000 more than anticipated in 2007. State taxpayers must absorb the increase because of a shortfall resulting from two downgrades of the bond insurer’s credit rating and an increase in the variable interest rate, he said. ”  Taxpayers on the hook for $1M more for Consol Energy Center lease 8 July 2014 Tribune Review

What, if any, is the impact of reducing spending, reducing borrowing and lowering taxes on the private, productive sector?

Is there any way to reduce government spending and government borrowing so that higher taxes will not be necessary?

There are billions and billions of other spending. Focusing on only one spending category, pensions, diverts attention from other opportunities to reduce spending. Bureaucracies and Corporate Welfare are expensive.

Categories: Pennsylvania

The Consent of the Consumer

Sun, 2014-07-13 08:00

Capitalism depends on the consent by the consumer unless the administrative Statist/socialist bureaucrats intervene in the private economy.

The PUC is proving it is not the consumer’s friend by obstructing consumer choice.

The Pennsylvania Public Utility Commission sides with entrenched incumbent business to deny consumer’s choice and an innovative company the opportunity to compete on a level playing field.

    

 

Categories: Pennsylvania

Big Business Immigration and Cheap Labor: Union’s E-Verify

Sun, 2014-07-13 07:00

National Homebuilders Association of America makes the case for more immigrant labor, in effect, Open Borders and Amnesty. It should not surprise anyone that Big Business, like the National Association of Homebuilders, is pushing for Amnesty, another word for “cheap labor”.  Securing the southern border is not a priority. (Oddly, though, the northern border is secure).

We have been through this before beginning with Reagan’s signing of Simpson-Mazzoli Immigration Reform Act of 1986.  Bipartisan Promises were made by the government: those promises were not kept.

 

 

Pennsylvania’s Bipartisan  Union supported       

Unions oppose “cheap labor” and I have to think were it not for the Union opposition, we would be flooded with illegals.  

   

Pennsylvania passed an E-Verify law sponsored by BucksCo Democrat Galloway in 2012.  General Act 127 of 2012  The Republican-controlled Pennsylvania House 29 June 2012  vote was near unanimous with the 6 NAY votes coming from Democrats (2 LVE). The Pennsylvania Senate voted, likewise, with near unanimity with 6 NAY votes, 6 Democrats and 1 Republican, Lloyd Smucker.( 1 vacancy in Senate).  Note that the Republican party of Pennsylvania has been infiltrated by Unions who have enough power to veto  legislation. Sen. Smucker is from York and close to the Associated Builders and Contractors of Pennsylvania. 

Republican Governor signed the union friendly law into effect on 5 July 2014.

This is a good law. It helps enforce the law. 

 

Categories: Pennsylvania

Corbett Republicans Have Voted to Increase Debt by $6.3 Bbillion Dollars

Mon, 2014-06-23 13:29

All are complicit in enacting legislation to increase debt.

In the last three years, the Republican General Assembly and the Republican Governor have increased debt by $6,300,000,000 SIX BILLION THREE HUNDRED MILLION. The Republican General Assembly and the Republican Governor are NOT the Forgotten Taxpayer’s friend. Three Capital Budget Acts, Act 130 of 2011 Act 193 of 2012 and Act 69 of 2013, increased Pennsylvanian’s debt burden.  The debt has not been incurred but why vote to increase debt if they don’t intend to increase debt? 

Debt is deferred taxation


  Penna. House Republican Leadership

 Penna. Senate Republican Leaderhsip

 

 

 

 

 

 

 

 

Categories: Pennsylvania

Dave Reed voted $2.4 Bbillion ($2.400,000,000) Tax Increase – the biggest gas, fuel and license tax in Pennsylania history

Wed, 2014-06-11 09:50

Dave Reed  is not  The Forgotten Taxpayer’s Friend voted for Corbett’s $2.4 Bbillion dollar Tax Increase to fix Pennsylvania’s obvious crumbling roads and falling bridges.  

  House Vote Act 89 of 2013 (HB1060) 21 November 2013  Dave Reed  voted YEA against Liberty, Economic Freedom and the Forgotten Taxpayer.

Just like a Democrat, Dave Reed votes for More spending and More Taxes (and more debt).

  Republican (?) Tom Corbett and uber Democrat Ed Rendell on Capitol steps rally for more spending and more taxes.

Republican (?) Tom Corbett and Ed Rendell joined together to lobby for more spending and more taxes. Corbett Republicans voted  voted YEA to moretaxes and fees.

  Big Business, Big Labor, Left Wing Environmentalists  and Big Government join together  to spend more and tax more. Cui bono? To whose benefit?   Not The Forgotten Taxpayers.

 

 Tom Corbett and Obama Democratic Comcast David L. Cohen funds Tom Corbett and the GOP brags about it????
Tom Corbett is financed by Rendell Comcast Democrats brags the State GOP reprinting Huffington Post article 

Why would any Reform Republican, Tea Party Republican, 912 Republican or any Republican not profiting from politics, that is, any Republican who is not a Hack, want to support or vote for the RINOs who have repeatedly sold us out?

Three Tax Increases according Grover Norquist’s American’s For Tax Reform, Tom Corbett has violated is No New Taxes No New Fees Pledge THREE TIMES.

Tom Corbett made an unequivocal promise of “no new taxes; no new fees” and, cynically, Tom Corbett broke that promise, three times

CorbettCare proposed Medicaid Expansion is ObamaCare with tweaks.

Categories: Pennsylvania

Dave Reed Voted to Increase Pennsylvania Debt by $6.3 Billion Taxpayer Dollars – Three Bad Debt Votes in Three Years

Wed, 2014-06-11 09:43

   Dave Reed District 62 Map  Republican, serving Indiana County (Part) Leadership

Dave Reed is Majority Policy Chairman

Member of the House 2003 to date

Dave Reed  is not the friend of The Forgotten Taxpayer. 

In the last three years, Dave Reed    voted YEA three times for more debt to be imposed on Pennsylvania Taxpayers. 

Debt is deferred taxation

In the last three years, the Republican General Assembly and the Republican Governor have increased debt by $6,300,000,000 SIX BILLION THREE HUNDRED MILLION. The Republican General Assembly and the Republican Governor are NOT the Forgotten Taxpayer’s friend. Three Capital Budget Acts, Act 130 of 2011 Act 193 of 2012 and Act 69 of 2013, increased Pennsylvanian’s debt burden..

A “YEA” was a vote against Liberty, against Economic Freedom and against The Forgotten Taxpayer

    Act 130 of 2011   Dave Reed  voted YEA for more debt.

A “YEA” was a vote against Liberty, against Economic Freedom and against The Forgotten Taxpayer

The House Vote 19 December 2011  on Capital Budget Act 130 of 2011(SB1054) was a vote to increase debt by $2.3 billion.

Fiscal Note House Committee on Appropriations  .

         Act 193 of 2012 2011 Dave Reed  voted YEA for more debt

A “YEA” was a vote against Liberty, against Economic Freedom and against The Forgotten Taxpayer

The House Vote 3 October 2012 on Capital Budget Act 193of 2012(sb1480) of 2012 was a vote to increase debt by $2.3 billion

Fiscal Note House Committee on Appropriations

    Act 69 of 2013  Dave Reed voted YEA for more debt; every Democrat voted YEA for more debt. 

A “YEA” was a vote against Liberty, against Economic Freedom and against The Forgotten Taxpayer

The House Vote 1 July 2013 on Capital Budget Act 69 of 2013(SB1002) was a vote to increase debt by $1.75 billion dollars.

Fiscal Note House Committee on Appropriations

 

  Pennsylvania Debt “Today, Pennsylvanians owe $121 billion in state and local government debt.  This equates to more than $9,400 for every person, and almost $38,000 for the average family of four in the commonwealth—an increase of $10,300 since 2002. “READ MORE Pennsylvania Debt Commonwealth Foundation 21 March 2012

Categories: Pennsylvania

Millions to Millionaire Gamblers, Not Property Tax Relief – 1/4 Billion Tax Dollars -Republicans Subsidize Horse Racing Tracks, Not Home Owners

Tue, 2014-05-13 11:06

Where has the gambling money gone? Not for Property Tax Relief

Commonwealth Foundation reports “Pennsylvania Tops in Corporate Welfare 14 May 2014. I call it Welfare to the Wealthy and government dependency is as corrosive to millionaires as it to those at the very bottom of the economic barrel. FYI I do think we need the “social safety net”.

Pennsylvania Race Horse Development Fund $252,109 $252,159

 

 ”In just six years, more than $1.5 billion has gone to horse owners, race-horse breeders and others in the industry, thanks to a little-known state subsidy that feeds 12 percent of casino slot revenues to the horse-race industry.” 

 

Categories: Pennsylvania

Republicans Vote for Millions in Tax Credits for Left Wing Hollywood Multi Multi Millionaires

Tue, 2014-05-13 10:29

While budget faces dramatic $2.1 Billion Dollar Structural Deficit by 2018, these opportunists give special tax credits to politically favored few. If tax cuts for some create jobs and stimulate growth, why not tax credits for everyone. Level the playing field by eliminating special tax credits for millionaires.

                                                                                                                  Hollywood Vanity of Vanities….

What are they thinking?

Evankovich and Sankey ???  and Metcalfe????????

Saylor and Grove and Miller, naturally.

All the southeast except the reliable Dan Truitt and Marcy Toepel.

Jim “Mr. Righteous” Clymer!! votes YEA…the hypocrite who votes against selling liquor stores because, you know, it’s immoral.

Mike Vereb, of course….. what else would we expect?

Memo from uber Union Hack Jerry Recapture of Unused Hollywood Firlm Tax Credits 

The Vote 

House Committee on Appropriations Fiscal Note HB  2083 

 

 

 

Categories: Pennsylvania