Pennsylvania Budget Deal: Funding, Carbon Rule Reversal

Pennsylvania lawmakers finally approve a $50 billion spending plan, ending a four-month budget stalemate. The deal includes billions for public schools and social services, with Democrats accepting Republican demands to undo a carbon dioxide cap-and-trade regulation. This rule would have made Pennsylvania the only large fossil fuel-producing state to require power plant owners to pay for their greenhouse gas emissions. The agreement also provides substantial new funding for public schools and an earned income tax credit for lower-income individuals. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.