Archive for July, 2010

General Assembly adopts 2010-11 state budget without broad-based tax increases; but unfinished business remains

July 1st, 2010

Last evening, the General Assembly adopted a state budget for the 2010-11 fiscal year, the first time since Gov. Ed Rendell took office that the budget was approved by the June 30 deadline.

The $28.05 billion budget was adopted without broad-based tax increases, as lawmakers rejected new taxes on smokeless tobacco and cigars, as well as the implementation of combined reporting, which would have been a tax increase for many Pennsylvania businesses. The governor

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