Scarnati Pleased With Budget

Senate President Pro Tempore Joe Scarnati (R-Jefferson) said today he is optimistic and confident in the passage of the 2008-2009 final state budget. After many days and weeks of intense negotiation, legislative leaders and the Governor believe they have reached an agreement in principle.

“While we do continue to meet on many specifics, a deal is in place that contains a budget with no tax increases, no new taxes, and no excessive spending,” Scarnati stated. “Our objectives were met and I now believe that Pennsylvania will have a budget that recognizes the fiscal realities of working families and job creators.”

Scarnati did mention that negotiations throughout were open, up front, and all parties involved worked diligently to find common ground on issues such as spending, energy, and economic stimulus.

“With the current economic downturn, I firmly believe that we needed to put forth a budget that creates more stability for our citizens and our businesses,” Scarnati added. “With a fiscally prudent budget that does not take more money out of the pockets of Pennsylvanians already struggling with skyrocketing gas and food prices, we are moving in a direction of making the Commonwealth more competitive, more stable.”

Scarnati also pointed out that there are about $235 million in tax cuts for job creators to assist them in improving the job climate in Pennsylvania. In addition, to the tax cuts, Scarnati was satisfied that all parties acknowledged the need to address the road and bridge problem currently facing the Commonwealth.

“The citizens of Pennsylvania expect the legislature and the Governor to provide a budget the meets their needs without excessive spending and unnecessary borrowing. This budget meets that criteria,” Scarnati said.

Obviously, there are details that still need to be worked out, but a deal is in place and I am confident that members of our caucus will see the merit in this fiscally responsible budget,” Scarnati concluded.

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