[Ed. – Debtors prison awaits.]
Pennsylvania is still without a balanced budget. Unable to meet its financial obligations, it essentially becomes a deadbeat state.
Directly across the street from the state capitol is the office of the watchdog group, the Pennsylvania Budget and Policy Center. Director Marc Stier is keeping an eye on the state’s inability to balance a budget.
Pennsylvania Budget and Policy Center director Marc Stier said “well, what we face today is the state simply does not have enough money to pay its bills.”
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What that means for the state treasury department is that Pennsylvania is essentially broke.
Treasury department spokesperson Mike Connolly released a statement in reaction to the news.
“Today, the Commonwealth reaches a truly unprecedented position where it is unable to pay for all the expenses due at this time,” Connolly said.
While the treasury department is only responsible for paying the state’s bills, the Pennsylvania Governor’s Office of the Budget decides which ones get paid, putting several state departments and services at risk.