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Pennsylvania Budget Updates
PENNSYLVANIA UNCERTAINTY CONTINUES (Update)
Legislature goes on recess leaving funding questions for budget unresolved.
On Monday another day passed with the question of how Pennsylvania is to fund its $1.3 billion budget deficit still unresolved as the Legislature went into recess and Gov. Tom Wolf continued to perpetuate the unusual situation of an unsigned yet unvetoed budget facing a midnight Tuesday deadline, when it is set to lapse into law without a funding package.
The governor claims that it is the Legislatures responsibility to back the budget bill with a sustainable funding bill.
The crisis has resulted in the possibility of legal challenges and a downgrade to the states credit rating as the political debate continues.
Bi-partisan negotiators still working on the funding proposals told local media that the next 24-hours would be critical. The proposals’ main stalling points appear to be taxation on tobacco and cigarettes and the expanded online and slots gambling provisions, with which the House is happy but the Senate remains opposed.
"The next 24 hours will tell the tale of whether we are going to have an agreement or whether all sides retreat back to their own corners," House Republican Majority Leader Dave Reed said after an hours-long meeting with Wolf and legislative leaders Monday.
Neither Reed nor other leaders would discuss what progress, if any, negotiators have made.
Gov. Wolfs decision to neither sign nor veto the bill raises unprecedented questions, as the state constitution demands a balanced annual budget. There is also the threat of a downgraded credit rating for the state, a possibility flagged by rating agency S&P following Mondays lack of progress.
Some of observers have pointed to a 1932 Pennsylvania Supreme Court decision as being relevant. In that issue, the court directed the state to plug a deficit by evenly cutting spending across all agencies until the expenses matched available revenues. Legally mandated expenses would be exempted from cuts in such an order.
Gambling News :
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
The Railbird Launched By Americas Card Room #acra -
Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.
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