From the Pittsburgh Post-Gazette:
The state budget deficit for fiscal 2009-10 continues to widen, reaching $1.23 billion at the end of May, Sen. Jake Corman, chairman of the Senate Appropriations Committee, said Tuesday.
That figure is up by $125 million over April 30, due to continuing declines in major state revenues such as sales taxes, personal income taxes and corporate taxes.
“It is becoming more and more clear that in these very difficult economic times, Pennsylvania will have to again tighten an already-cinched belt, hold the line on spending and put off items we simply can’t afford,” said Mr. Corman, a Republican from Centre County…
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