Information on congressional committees, federal agencies and state governors. It cost 32. 95 plus shipping and handling. Every purchase helps support nonprofit operations. Preorder your copy today for delivery this spring. Pennsylvania governor josh shapiro gave his annual budget address before a joint session of assembly in harrisburg . He outlined initiative which include Education Funding, affordable housing, reducing gun violence and efforts to raise the minimum wage. He served six years prior as the attorney general of pennsylvania. The speech is about 90 minutes. [applause] [applause] thank you very much. Lieutenant governor davis, madam speaker mcclinton, madam president pro tem ward. Leader pittman, leader costa, thank you very much, Lieutenant Governor davis, madame speaker, madame president pro tem, leader pittman, leader bradford anne cutler. Thank you for convening the special session and given me the honor of addressing you today. I am grateful to see the house and senate
Newsom highlight his budget agenda for this year for the past counterspace for his state, education, homelessness and infrastructure investment. Welcome to the 2024 25 project presentation. Revery familiar for all those wo have been here. Past out the large format through because as not just those in previous for decades and decades, weve come to expect volatility of our system. You can see here the orange line, but the three revenues, an ekg chart, goes up in the good times and down in the bad times. You can see spikes representing Capital Gains that reflect the larger narrative in the presentation of the story of correction, normalization after a period of tremendous amount of distortion. Thats been resented in revenue collection in the state. Take a look at the state, its 2000. We had spikes in the past, 10. 4 of income tax collection. You can see 11. 6 historically high number represented in 2021 and not a drop look at the projections to about 5 total remarkable swings. I mentioned
I think we passed out the larger format of the budget people are rummaging through but let me begin as we often do with a slide that has become more and more familiar, not just to those who have been to previous presentations but for californians. For decades and decades, weve come to expect the unexpected as it regards to the volatility of the tax system. You can see the orange line, those are the big three revenues. It. Looks like an ekg chart. It goes up during good times and down during bad times. It reflects i think the larger narrative of todays presentation and that is a story of correction, a story of normalization after a period of tremendous amounts of distortion. That distortion has been represented in the revenue collection in this state. Take a look at this chart. 10. 4 , that is the year 2000. We have had spikes in the past and revenue. 10. 4 , thats the percentage of our income tax collection Capital Gains. 11. 6 , historically high number represented in 2021. Now a drop
[captions Copyright National cable satellite corp. 2017] just under an hour were down to our last panel. Im going to recognize the moderator of the panel, to make remarks and tory roductions, the honor john from colorado. Thank you, jim. This next panel will give us some insights on what the future might look like. They are going to start by looking backwards over the past to let us kind of get a capsule size look on how the country has changed. If you told me back in 1992, hat we have now, a i wouldnt have believed it. The explosion of the internet. Unbelievable changes in telecommunications. Demographic changes, social changes, just how we do everything. Different world than we had 25 years ago. Any of if you believe these, whether its morse law or any of these compounding 25 leration laws, the next years the rate of change will be even more rapid. Opefully that rate of change will be for the better. Our panel is going to offer a glimpse of what that future holds. Promise of whats po
[inaudible] yes, sir, i am. [applause] i solemnly swear tt i will support the constitution of the united states, and the constitution of the commonwealth of virginia, and that i will faithfully and impartially discharge all of the duties incumbent upon me as governor of the commonwealth of virginia, that the best of my ability, so help me god. [cheers and applause] [cheers and applause] [background sounds] [background sounds] [background sounds] [background sounds] [cheers and applause] i have the honor, to reduce the new covenant of the commonwealth, his excellency, ralph northam. [cheers and applause] mr. Speaker, lt. Governor fairfax, attorney general herring, members of the general assembly, justices of the Supreme Court, judge tyler, honored guests, pam, aubrey, and wes, my fellow virginians. [applause] i am truly humbled that you have taken the time to be with us on such a special day for our commonwealth. Today we carry out the peaceful transition of power. Americans invented th