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Governors

Pennsylvania Treasurer Stacy Garrity Announces Gubernatorial Bid Challenging Incumbent Josh Shapiro

Strategic Insights

— 2 min read

Stacy Garrity, the current Treasurer of Pennsylvania, has announced her candidacy for the Governor of Pennsylvania, challenging incumbent Josh Shapiro. Garrity's decision to run for governor has sparked interest, particularly among Pennsylvania Republicans who believe she can flip the seat after previous Republican candidate Doug Mastriano's loss in the 2022 Gubernatorial Election by 15 points. As Treasurer, Garrity has overseen the Pennsylvania 529 College and Career Savings Program, which has resulted in significant fee reductions, saving families millions of dollars. Her tenure has been marked by her support for the "Big Beautiful Bill," which has raised concerns about cutting Medicaid funds, affecting over 3 million Pennsylvanians, and potentially leading to increased uncompensated care rates and higher costs for insured patients.

Key Takeaways:

  • Stacy Garrity, Pennsylvania Treasurer, has announced her candidacy for Governor, challenging incumbent Josh Shapiro.
  • As Treasurer, Garrity oversaw the Pennsylvania 529 College and Career Savings Program, which resulted in $17 million in savings through fee reductions.
  • Garrity expressed support for the "Big Beautiful Bill," which analysts say poses a risk to the state's healthcare system and could affect over 3 million Pennsylvanians.
  • Garrity has mixed views on mail-in ballots, initially suggesting Republicans should embrace them but later stating concerns about policing fraud.
  • She has also held views on abortion that could suggest she would support a pro-life stance, despite stating she would not support a state-wide abortion ban.
  • As Treasurer, Garrity has been recognized for her "exceptional oversight and advocacy" in managing the Pennsylvania 529 College and Career Savings Program.
  • Garrity has been a vocal supporter of Israel, investing $20 million in Israel bonds, bringing the total to $56 million.
  • Garrity has also expressed potential views on funding mass transit, stating that agencies could find opportunities to reduce costs.

Statistics:

  • $17 million in savings through fee reductions in the Pennsylvania 529 College and Career Savings Program.
  • $20 million invested in Israel bonds, bringing the total to $56 million.
  • 3 million Pennsylvanians covered by Medicaid, which could be affected by the "Big Beautiful Bill."
  • 350% more mail-in ballots received by Democrats than Republicans in the 2022 Midterms.
  • $36 million in Israel bonds already held by the Pennsylvania Treasury Department.

Sources:

  • "Pennsylvania Treasurer announces run for governor, challenging Shapiro" by Bucks County Courier Times (no date).
  • "Pennsylvania 529 College and Career Savings Program" by Pennsylvania Department of Treasury (no date).
  • "Garrity calls for 'pro-life governor' in Facebook post" by Spotlight PA (May 13, 2022).
  • "Garrity buys $20 million in Israel bonds" by The Philadelphia Inquirer (Oct. 12, 2023).
  • "Garrity's views on abortion, mail-in ballots spark concerns" by The Sun-Gazette (no date).

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