Tuesday, December 15, 2009

Gov. Rendell Orders Additional Budget Cuts

In the Governor's Budget Office mid-fiscal year review, projections show the fiscal year will end with a $450 million deficit and Gov. Rendell ordered a freeze on an additional $170 million in budget cuts from a 1 percent across the board reduction in discretionary spending (about $70 million) and $100 million in "targeted cuts" in discretionary grant programs.
The Governor added he did not believe more furloughs of state employees would be necessary.
Click here for full announcement. Mid-Year Budget Brief PowerPoint available online.
NewsClip: Rendell- No More Furloughs Required For Now

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