Corbett Budget Slashes Higher Education Spending, But Taxes Stay The Same

Wednesday, February 8, 2012

Gov. Tom Corbett is unveiling a 2012-2013 state budget that cuts overall spending for the second year in a row, cuts funding for social services and state-connected universities, somewhat increases public school funding, eliminates 650 state jobs, keeps the income and most taxes the same, but continues slashing a key business tax.

The $27.14 billion plan totals .1 percent less spending than this year.

"This budget aligns spending and resources to those core functions of government that protect our life and liberty and allow for the pursuit of happiness," a line in the budget says.

Mr. Corbett is outlining the budget in an address before the state General Assembly right now.

Read more »