Who’s the greediest of them all?
January 16, 2024 | Economy
Politicians on trillion-dollar spending sprees have no credibility to scapegoat businesses by David N. Taylor In March 2021, Congress passed and President Biden signed into law the $1,900,000,000,000 “American Rescue Plan”, which lit the fuse for the highest inflation in forty years. The powers-that-be doubled down on overspending that August with the comically mistitled “Inflation ...
PMA conducted an economic model to quantify the magnitude of Encina’s $1.1 billion investment in Northumberland County, Pennsylvania, by estimating the number of jobs, labor income, value added, and total output. Encina’s advanced manufacturing facility in Point Township, Pennsylvania, will be the first of its kind in the region. This state-of-the-art, $1.1 billion manufacturing facility ...
PA Economic Update by the Independent Fiscal Office
March 13, 2023
Prepared for PMA/PA Chamber Monthly Business Briefing (March 12, 2023) by Matt Knittel, Director of the Pennsylvania Independent Fiscal Office Read the report: Economic Update
Public Hearing on Inflation
June 21, 2022
June 21, 2022Testimony before the:Pennsylvania House of RepresentativesMajority Policy CommitteePublic Hearing on Inflation David N. Taylor President & CEO Pennsylvania Manufacturers’ Association Thank you, Chairman Causer and members of the committee, for the privilege of testifying today. I am David N. Taylor, President & CEO of the Pennsylvania Manufacturers’ Association (PMA), the statewide ...
Included in the PA Administrative Code, passed by the General Assembly as a part of the FY 2021-22 Budget, was a key provision that enables the Pennsylvania Independent Fiscal Office (IFO) to use dynamic scoring to scrutinize any legislation containing expenditures with a fiscal impact of more than $50 million if requested by a member ...