Talks for Pennsylvania’s next budget cycle are intensifying only months after the previous $50.1 billion plan was finalized. Governor Josh Shapiro is scheduled to deliver his fourth budget address today before a joint session of the General Assembly. This cycle follows a protracted impasse last year where a final agreement was not reached until November, despite a June 30th deadline. While the current budget left the state’s $7.5 billion Rainy Day Fund intact, the Independent Fiscal Office warns that projected spending could require a $5 billion withdrawal in the upcoming year. The 2026-27 proposal is expected to focus on housing affordability, energy demand, and continued investments in education, and workforce development.
Wednesday 4th February 2026
