Pennsylvania Budget Update
Pennsylvania Gov. Tom Corbett on Tuesday proposed what he described like a “reality-based budget” that cuts spending 3% to shut a projected $4 billion deficit for the fiscal yr starting July 1.
Governor’s strategy consists of reducing state funding to universities by about 52% and removing 1,500 state work opportunities, or 1.8% from the total, largely by leaving vacancies unfilled. The $27.3 billion budget does not phone for just about any tax raises. The state will find shell out freezes or decreases for its workers and will ask them to lead a lot more to medical-insurance costs.
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