HARRISBURG — Sen. Scott Hutchinson (R-21) issued the following statement responding to Gov. Josh Shapiro’s proposed 2026-27 state budget:
“At first glance, this budget spends way too much. We spent too much last year, and the governor is doubling down this year. I don’t know how Pennsylvanian taxpayers can afford it. There are gimmicks in this proposal that overestimate projected revenues while underestimating spending.
“There’s also a hidden tax increase on businesses by introducing combined reporting, which requires multi-state corporations to report profits not earned in Pennsylvania. The governor’s proposal is counting on making billions of dollars of additional tax revenue from businesses through this change.
“We have a lot of work to do, and I’m glad we’re starting early. We must think of the Pennsylvania taxpayer first and foremost through every decision we make.”
Hutchinson further noted that the governor has proposed drawing down $4.6 billion from Pennsylvania’s Rainy Day Fund to help pay for his runaway spending. Building and maintaining this reserve has been critical to improving the commonwealth’s bond ratings and has produced meaningful savings for taxpayers.
CONTACT: Justin Leventry