Written by Mary Wilson, Capitol Bureau Chief | Dec 18, 2013 8:00 PM
The state’s top numbers cruncher says that if the current financial picture holds, the commonwealth could face up to a budget shortfall in the next fiscal year of up to $1.4 billion.
The deficit is due largely to rising health care and pension costs. A reduction in federal funds for medical assistance and an increase in costs within the state’s prison system are also contributing to the gap.
Budget Secretary Charles Zogby is used to being the bearer of bad news. Last year around this time, he was issuing a similarly bleak picture. This year, Zogby was emphatic that further cuts are pretty much off the table.
Full story: Pa. budget chief: $1.4 billion shortfall next year Mary Wilson, witf, 12/18/13