Pennsylvania Governor Touts State’s Revenue Intake, Republicans Urge Caution
- May 04, 2022
- Tennessee Star
Pennsylvania Gov. Tom Wolf (D), amidst his push for a larger state budget, is welcoming reports of high revenue intake, but Republicans are urging caution in response to the new economic downturn.
Data from the Pennsylvania Department of Revenue indicate the commonwealth’s General Fund took in $6.5 billion in April, an amount exceeding the department’s prediction by 38.7 percent. It is the largest sum of taxpayer dollars that the state has collected in one month. In Fiscal Year 2021-22 so far, the General Fund has received $40.7 billion, or 12.4 percent more than forecasted.
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