Pennsylvania lawmakers recently passed a significant budget totaling $50.8 billion, with one notable addition being an increase of nearly $1 billion in its rainy day fund. This move aims to provide financial stability during economic downturns or emergencies. The new budget also allocates additional funds for public and special education programs, as well as pension raises for state employees. [1] [2]
Pennsylvania Adds Nearly $1 Billion to Its Rainy Day Fund in New Budget
Pennsylvania lawmakers have approved a budget that includes nearly $1 billion added to the state's rainy day fund, which will be used for public and special education as well as pension raises.
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- Provides funding for public and special education
- Includes pension raise provisions