Some Definitions
“Ponzi scheme,” from Wikipedia Rendell Energy Plan, from the Governor’s office Note the striking similarities. Also read Jared Walczak’s commentary on Energy Depletion. Despite all of the…
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More Rendell Rhetoric
Governor’s latest news release: “Hundreds of thousands of Pennsylvanians are without health insurance, roads and bridges are crumbling, public transit services are being cut and medical research facilities…
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Gov: “Spend it All!”
Central Penn Business Journal on Governor Rendell’s press conference:. Rendell said he is particularly disturbed by comments Senate Appropriations Committee Chairman Gibson Armstrong (R-Lancaster and York counties)…
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Interest earned vs. interest paid
Geoff Segal on the Reason Foundation’s blog points to a counter of the interest earned by Indiana from privatizing the Indiana toll road – currently at $180 million,…
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Don’t bank on legality of I-80 tolls
Altoona Mirror advises lawmakers not to pass a plan that spends money from I-80 tolls, since getting I-80 tolls are questionable at best. From our News Release: “It…
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Spending Increases = Cuts
Rep. Tim Solobay issues the first press release calling spending increases “cuts” (though several House Democrats did so in the floor debate): “The Senate removed millions from education” –…
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Rendell’s Compromise: $3.7 billion in new spending
Gov. Rendell has been recently quoted naming all his “concessions” during budget negotiations. Even with “concessions” the Governor is still demanding $3.7 billion more in new taxes, fees/tolls, and debt…
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Stealth Lawmaking Lives
From Democracy Rising….Stealth Lawmaking Lives: House Suspends Rules, Commits $1.65 BillionThis week the PA House proved why changing the rules doesn’t…
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Budget Updates
Some stories on the state budget negotiations:Patriot NewsPost-GazetteInquirer/APAP on tolling I-80, quoting PennDot study from two years ago: “Based on the long…
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