Saturday, May 31, 2008

Tax revenues decline in Pennsylvania

Pennsylvania collected 7.2 percent less in tax revenues than it projected for the month of May.

That's a sure sign that the state's economy is slowing down.

So why is Gov. Ed Rendell and Democratic lawmakers proposing to spend $1 billion more in the fiscal year starting July 1?

You can't spend what you don't have.

It's time for Rendell and the free-spending Democrats to tighten their belts. Pennsylvania can't afford the state government it has now. Pushing state spending past $28 billion is irresponsible.

Read more about the decline in tax revenues in the release below.

PA Revenue Department Releases May Collections

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