Senator Browne Wants Limits on State Spending
Taxpayer
Protection Act would return revenue surpluses to citizens
Citing the need to set fiscally responsible limits on state government spending,
Senator Pat Browne was among a group of Republican Senators at a
Harrisburg press conference today to announce their support for
the Taxpayer Protection Act bill and constitutional amendment.
The proposal
will likely be the topic of public hearings by the Senate
Finance Committee on which Senator Browne serves as Chairman.
“This proposal
sets a priority for the future that most other states already
have in place today,” Senator Browne said. “The Taxpayer
Protection Act would set in place a requirement that state
government live within its fiscal means.”
Senator Bob
Regola, R-Westmoreland and prime sponsor of the Taxpayer
Protection Act bill and constitutional amendment, said his
proposal would limit state spending to the average inflation
rate plus the average percentage change in state population over
the three preceding years.
Senator Browne
stated the Taxpayer Protection Act is essential to prevent a
“structural deficit” in the Commonwealth.
“The amount of
projected revenues follows the spending models included in this
bill,” Senator Browne said. “Either we set these limits now or
in the future, we will face tax increases.”
In addition to
the spending limits in the Taxpayer Protection Act, the proposal
also sets realistic restrictions on the use of any unanticipated
revenues received by the Commonwealth.
Specifically,
75 percent of any revenues exceeding the spending limits imposed
by the bill would be returned to the taxpayers. The remaining 25
percent would go directly into the Rainy Day Fund to help the
Commonwealth cope with unanticipated revenue shortfalls.
Senate
President Pro Tempore Joe Scarnati, R-Jefferson, commented that
the cost of excessive state spending is ultimately borne by
working Pennsylvanians.
“The Taxpayer Protection Act will help rein in excessive
government spending and enable working Pennsylvanians to keep
more of their hard-earned money,” Senator Scarnati said.
“It is imperative that we cut spending
and act in a more fiscally conservative manner.”
The legislators
stressed that reasonable limits on spending are needed to
improve Pennsylvania’s economic and job growth.
While state
spending has increased by nearly 28 percent over the past four
years, Pennsylvania has been and still is consistently near the
bottom of the rankings for job growth, personal income growth,
and population growth.
The Taxpayer Protection Act bill could be enacted this year,
while the constitutional amendment must be approved by the
Legislature in two successive sessions and be ratified by the
voters as well.
Contact:
Matt Moyer
(610) 821-8468 |