PITTSBURGH (NewsRadio 1020 KDKA) – Pennsylvania State Sen. Jay Costa, a Democrat, believes he has a better plan to bring money to the Commonwealth that surpasses Gov. Tom Corbett’s employee pension cuts.
He says he feels very strongly that the Marcellus Shale severance tax can bring in more than $70 million.
Sen. Costa says that if we begin to enact an extraction tax above an impact fee, we will be able to fix and rectify the original plan. Portions of the money would be divided between education fees and environmental fees.
As for the pension reform proposed by the governor, Sen. Costa says he believes that will have no impact on fixing the fiscal crisis, proving to be of no benefit for the Commonwealth. He says there are numerous other ways that would be a better idea.