HARRISBURG, Pa. (AP) – Gov. Tom Wolf is warning that bad state budgeting is costing taxpayers about $170 million a year.
Wolf told KDKA-AM radio in Pittsburgh during a regularly scheduled appearance Tuesday that state government is paying a premium of about 1 percent interest on $17 billion in debt.
The claim is the Democratic governor’s latest attack on Republicans who control the Legislature as they spar over competing budget proposals.
Wolf is seeking a multibillion-dollar tax increase to deliver a record funding boost to schools and wipe out a long-term deficit that’s damaged Pennsylvania’s creditworthiness. Republicans passed a zero-tax increase budget with a smaller boost for education, but Wolf vetoed it, saying it didn’t meet his goals and used gimmickry to balance.
The three-week-old stalemate has left the state government without full spending authority.