S&P downgrades PA credit outlook as revenue deal continues to evade legislative leaders

S&P downgrades PA credit outlook as revenue deal continues to evade legislative leaders

Much like the death of Mark Twain, it appears rumors of legislative leaders being close to a deal on a revenue package to close out FY 2016-2017 and balance FY 2017-2018 are greatly exaggerated.

 

After another quiet day in the Capitol Thursday that saw some rank-and-file members begin to return to the Capitol in advance of Friday’s planned House session day, it appears as though lawmakers are still nowhere near a global agreement that will bring about $2.2 billion to balance the Commonwealth’s books.

Thursday, July 6, 2017/Author: Jason Gottesman
Categories: News and Views
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