On To a Balanced Budget
HARRISBURG, Pa. - Gov. Ed Rendell is slashing at least $128 million more in state spending as Pennsylvania's financial outlook continues to unravel amid a deepening global financial plunge.
Rendell announced the budget cuts Wednesday in response to foundering state revenue collections that are $658 million behind expectations.
To date, Rendell has announced about $439 million in spending cuts.
Only $219 million to go.