February 08, 2022 - Harrisburg, PA
After transforming the state's budget from a severe shortfall to a record surplus over seven years, Governor Tom Wolf today outlined his vision for a generational investment in education and to raise wages, attract innovative industries and create good jobs that will make Pennsylvania an even better place to live and work.While this is his final budget speech before the General Assembly, Governor Wolf said he plans to spend every day continuing to fight for Pennsylvanians and deliver key budget priorities that will have long-lasting impacts on our commonwealth and its citizens."These are days of opportunity for our commonwealth," said Gov. Wolf. "That's because, at long last, our fiscal house is in order. Over the past seven years, we've turned a $2-3 billion structural budget deficit into a $2-3 billion budget surplus. We've built our Rainy Day Fund to more than $2.8 billion-more than 12,000 times what it was when I took office."