Governor Corbett is likely to propose changes to future pension benefits for current workers when he rolls out his plan to reduce the spiking cost of pensions for school and state employees.
In his mid-year briefing, Pennsylvania’s budget secretary says the outlook for the rest of the fiscal year is status quo but that the budget for the new fiscal year may be the toughest one yet.
The state House and Senate have wrapped up several weeks of budget hearings and leaders from both chambers are predicting a spending plan will be approved on schedule for the first time in years.
During state House budget hearings, Delaware County Democrat Greg Vitali continued to press for the Democrats’ Holy Grail: a tax on natural gas extraction in the state’s Marcellus Shale regions.
The final numbers are in for March, and Pennsylvania’s revenue collections remain on target for the fiscal year that ends June 30th.
Governor Tom Corbett’s budget secretary today prepared Pennsylvania residents for some pain in next week’s budget address.
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