Pennsylvania schools could lose $1 billion

From the PATRIOT NEWS:

Less than three weeks after taking office, Gov. Tom Corbett is swinging the budget axe at public schools.

Homeowners could see substantial property tax increases…

How big is a $1 billion loss? It amounts to about a fifth of the $5.1 billion that the state budgeted for basic education this year. That is by far the biggest source of money outside of property taxes that most districts receive…

Click here to read the full article.