Amazing when Gov. Ed Rendell signed the $28.3 billion General Fund budget back in July he had no inkling that it would sink the state into a huge fiscal hole.
The red ink is flowing to the tune of $658 million so far and is expected to top $1.6 billion by the end of the fiscal year in June 2009.
Governor Rendell Outlines Plan to Close Budget Shortfall
For more on Rendell's budget shenanigans, check out "Rendell's wicked game" by Matthew J. Brouillette posted at the Capital Domes blog on the Central Penn Business Journal Web site.
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