PA Business Community Says 'No State Budget Groundhog Day'

From the Pennsylvania Competitive Council:

More than 30 business organizations representing nearly 5 million non-farm, non-government private sector jobs assembled in the state capitol rotunda on Groundhog Day to say, "We don't want to wake up morning after morning to the same news in 2010!" The Groundhog Day reference to the Bill Murray movie that made Punxsutawney world famous was used by business leaders to remind lawmakers and Governor Rendell that another late budget with increased spending and higher taxes would not be acceptable to them.

"In 2009, we suffered a protracted budget process that went 101 days beyond the deadline. The gap between spending and expected revenues was filled with new and additional taxes that will cost the Pennsylvania business community about $2 billion over the next five years before modest – but much needed – tax reforms really take effect," said Pennsylvania Business Council President & CEO David W. Patti.

Read the full release at the link below:

Pennsylvania Business Community Says 'No State Budget Groundhog Day'