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must be to
end the irresponsible spending
.There areno other responsible options.If you have any questions, comments or concernsrelating to state government issues, please do not hesitateto contact me. My staff and I are here to work for you.Serving the 57th District,
Your State Representative - 12
th
Legislative District
Winter 2008
Dear Friends:
Pennsylvania’s fiscal situation is grim. Through thefirst seven months of this fiscal year, Pennsylvania isfacing a
$476 million
and
rising deficit
.The RainyDay Fund, MCARE Fund, HCRPA Fund and other one-time sources of revenue were fully depleted tofill last year’s budget hole. Add to this the loomingstatewide pension funding crisis, and we have all themakings for a major fiscal catastrophe.For example, during fiscal year 2009-10the projected total employer contribution to thePennsylvania Public School Employees RetirementSystem (PSERS) pension fund is approximately
$616 million
. For fiscal year 2010-11, the projected employer contribution is
$1.1 billion
.Based upon PSERS
projections, the total employer contributions (dividedequally between the state and the local schooldistricts) must increase as follows:
•
2011-12:$1.475 billion• 2012-13:$4.19 billion• 2013-14:$4.75 billion• 2014-15:$5.13 billionRather than responsibly facing thesechallenges and living within our means, thegovernor has in his latest budget proposalinstead opted to increase spending by another $1.12 billion.
Pennsylvania’s unsustainable fiscal status quocannot continue forever. We cannot tax, spend or borrow our way out of this mess.In order to stop the cruel mortgaging of our children’s and grandchildren’s economic future, thenumber one priority for the 2010-11 state budget
Spring 2010
Krieger Predicts Deficit Storms Rising
2010-11 State Budget Must End Out-of-Control Spending
PRSRT STDU.S. POSTAGEPAIDHARRISBURG, PAPERMIT NO. 529
Visit me on the Web at
RepKrieger.com
Krieger Endorses Keystone WorksPackage to Boost Statewide Employment
Pennsylvania’s unemployment rate has nearlydoubled over the past several years. While thestatewide unemployment rate is lower than thenational average, it is still too high.
I am pleased to announce the introduction of legislation that is specifically designed to createincentives for filling job vacancies and pairingunemployed Pennsylvanians with employers whoare actively seeking to hire.Collectively known as
Keystone Works,
this multi-bill package will allow Pennsylvanians collectingunemployment compensation to work for selectedbusinesses up to 24 hours a week, for six weeks, atno cost to the employer.Benefit checks will serve as employee salary.Participating employers will be required to certify thatthey intend to immediately hire for the position andfollow up with a performance evaluation, whether they hire the worker or not. A similar program hasalready been implemented in Georgia and is seeinggreat success.
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