State's Credit Rating Downgraded, Will Cost Taxpayers MoneyStandard & Poor's has downgraded Pennsylvania's credit rating.
Gov. Wolf Says Time Running Out On Budget Deal Before DowngradeDemocratic Gov. Tom Wolf says Pennsylvania state government has less than two weeks to end a budget stalemate before the state's battered credit rating gets another downgrade and he must delay more payments for lack of cash.
Budget Stalemate Continues Into 80th Day; Arbitrary Cuts LoomingIt has been 80 days since Pennsylvania lawmakers approved a spending plan without passing a way to pay for it, and a resolution seems no closer today than ever.
Pennsylvania Delays $1.7B In Payments Amid Budget StalemateDemocratic Gov. Tom Wolf will delay more than $1.7 billion in payments due to Medicaid insurers and school districts amid an unprecedented cash crunch.
Pa. House OKs GOP's No-New-Taxes Borrowing PackagePennsylvania's Republican-controlled House of Representatives is sending the Senate a no-new-taxes borrowing package to help plug state government's $2.2 billion budget gap.
House GOP Regroups Around No-New-Tax Package To Plug DeficitHouse Republicans said they expected a vote Wednesday afternoon. The budget stalemate is in its third month.
Pa. House Vote On GOP Budget Plan Expected TodayThe state House is expected to vote today on a controversial plan to pay for the already enacted state budget.
Senate GOP Looking For Budget Deal To Open Way To Tax OverhaulThe Senate Republican leader and members of the Budget Committee are scrambling to come up with a budget deal to clear the way for the first tax overhaul in three decades.
Pennsylvania House Returns, With Fight Over $2.2B UnresolvedMembers of Pennsylvania's House of Representatives are trickling back into the Capitol for their first session in seven weeks as a two-month budget stalemate shows no signs of ending.
GOP Lawmaker Says State Income Tax Increase Is InevitableA Republican state lawmaker from suburban Philadelphia says an income tax increase is inevitable to fix the state's deficit-riddled finances, even if it doesn't happen this year.
Gov. Wolf: House GOP's Budget-Balancing Plan Is 'Nonsense'Democratic Gov. Tom Wolf says a plan assembled by a group of House Republicans to balance Pennsylvania's budget is "nonsense."
Wolf: Pennsylvanians Will 'Get Hurt' If Budget Isn't FundedDemocratic Gov. Tom Wolf is warning that Pennsylvanians will "get hurt" if state lawmakers don't pass a revenue package to balance the budget.