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TexasTowelie

(112,089 posts)
Mon Jun 19, 2017, 07:00 AM Jun 2017

Could smokers could help solve another Pa. budget? Not in the way that you think

Will Pennsylvania's elected officials turn to the cigarette to balance one more state budget?

Could happen, and this time it's got nothing to do with cigarette tax rates.

Several sources told PennLive last week one strategy under study to get to budget closure without a major tax increase is floating a bond issue against future proceeds owed Pennsylvania from the 1998 national tobacco settlement.

There is no consensus for this move yet, the sources cautioned, and there is no prospective deal available for review.

Read more: http://www.pennlive.com/news/2017/06/how_smokers_could_smokers_help.html#incart_river_home

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