8/22/17
by News Department on 08/22/17Budget woes...
Top state officials are warning that Pennsylvania’s deficit-strapped government is rapidly approaching a more severe stage in its seven-week-old budget stalemate, one in which Gov. Tom Wolf may have to start deciding which bills to pay and which to postpone.
Taxes are still being collected and checks are being cut by the Pennsylvania Treasury under a nearly $32 billion budget bill that lawmakers approved June 30, the day before the current fiscal year began.
Wolf’s office wouldn’t answer questions about the governor’s contingency plans, saying only that it was monitoring cash flow as it waits for the House of Representatives to return to Harrisburg to complete a revenue package.
Since the recession, the state Treasury Department has reliably bailed out the state during low-flow periods of tax collections.
