$53.2 Billion | Breaking Down Shapiro's Proposed Budget
Shapiro’s budget plan aims to close a structural deficit and address underfunded schools and housing, with $500 million added to K-12 education, officials said.
- At 11:30 a.m. Tuesday, Shapiro will set out priorities for housing, energy, and unfinished budget items during his final budget address to a joint session.
- Faced with a structural deficit and limited one-time fixes, lawmakers expect modest new spending after revenues totaling $46.7 billion fell short of last year’s $50.1 billion budget.
- The proposed budget totals $53.2 billion, with a $15 minimum wage starting on Jan. 1, 2027, and a plan to transfer 1.75 percent of sales tax revenues for $300 million to SEPTA.
- Facing reelection and recent impasses, Shapiro's budget address begins months of hearings amid a split legislature where Democrats hold a one-vote majority in the House and Republicans control the Senate.
- Shapiro may again seek revenue from recreational marijuana legalization and regulating skill games, which is pending before the state Supreme Court, and previously proposed a 52% tax on skill games' gross revenue, with corrections savings from two prison closures potentially allowing the corrections budget to be flat-funded.
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PPL Corporation and PPL Electric Utilities Joint Statement Regarding Governor Shapiro's Budget Address
ALLENTOWN, Pa., Feb. 3, 2026 /PRNewswire/ -- PPL Corporation (NYSE: PPL) and PPL Electric Utilities (PPL Electric) today reaffirm its commitment to transparency, affordability and collaboration following Governor Shapiro's Budget Address. PPL Electric continues to take decisive action to manage…
Gov. Shapiro unveils budget proposal
Harrisburg, Pa. — Governor Josh Shapiro presented his $53 billion 2026-27 budget proposal on Tuesday, highlighting a call for a $15 minimum wage, an increase for education funding, and a framework for legalizing and taxing marijuana.
Human services and education make up most of the proposed spending under Gov. Shapiro’s budget plan
Combined, Human Services and Education are 80% of the total spending plan Gov. Josh Shapiro proposed for the 2026-2027 year.(Getty Images)Gov. Josh Shapiro brought his proposed budget for the next year to lawmakers on Tuesday, pitching more than $53 billion in general fund spending — with nearly 80% of the money going to just two state agencies. The Department of Human Services continues to receive the most dollars from the general fund at $21.…
Shapiro budget address: $53.2 billion spending plan includes $1 billion for housing and infrastructure, raising Pa. minimum wage to $15 an hour
Pennsylvania's budget deal last year was reached after a four-month stalemate. There's reason to believe this year's could be resolved faster.
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