It appears that Pennsylvania will have its budget passed on time without any tax increases for the second consecutive year. The Governor and lawmakers agreed on a spending framework and are now negotiating specific line items.
As a part of a budget deal, some Democratic and Republican policymakers are advocating for a plan set to award Shell Oil a prolonged tax credit in exchange for the construction of a natural gas cracker plant in Western Pennsylvania. Proponents argue that the Shell Plant will bolster the state economy by creating thousands of jobs. However, in reality, Pennsylvania has a long history with targeted tax credits and little to show for it.
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