Story perspectives

Pennsylvania Gov. Signs $50.8B Budget, Preserves $8B Rainy-Day Fund

7/14/2026

Summary

Story summary

Governor Josh Shapiro signed the 2026-2027 Pennsylvania budget, a $50.8 billion measure that keeps the $8 billion rainy-day fund intact.
The Senate passed the budget 44-6, twelve days after the July 1 fiscal deadline, allocating $1.1 billion for schools, police, parks and roads and trimming the governor’s $53 billion request and omitting recreational marijuana legalization.
Republican nominee Stacy Geraghty praised the fund protection, while House Republicans called the budget structurally deficit and criticized its accounting.

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Story summary

Governor Josh Shapiro signed the 2026-2027 Pennsylvania budget, a $50.8 billion measure that keeps the $8 billion rainy-day fund intact.
The Senate passed the budget 44-6, twelve days after the July 1 fiscal deadline, allocating $1.1 billion for schools, police, parks and roads and trimming the governor’s $53 billion request and omitting recreational marijuana legalization.
Republican nominee Stacy Geraghty praised the fund protection, while House Republicans called the budget structurally deficit and criticized its accounting.