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Tom Corbett

  • HARRISBURG, Pa.— Pennsylvania's cold war over public pensions is heating up as Senate Republicans consider resurrecting a plan to pare future benefits for hundreds of thousands of current state and school employees. Tom Corbett and rejected by the GOP- controlled Legislature in 2013, could free up money for other programs. Patrick Browne, the Senate...

  • HARRISBURG, Penn., March 3- Pennsylvania Governor Tom Wolf proposed a $29.9 billion budget on Tuesday that includes $2.5 billion of net tax increases for fiscal 2016.. "Pennsylvania will not improve until it rebuilds the middle class," Wolf said. Wolf proposed hiking Pennsylvania's personal income tax rate to 3.70 percent from the current 3.07 percent while...

  • UPDATE 1-Philadelphia approves five new charter schools Wednesday, 18 Feb 2015 | 11:14 PM ET

    PHILADELPHIA, Feb 18- Philadelphia's financially distressed school district, one of the country's biggest battlegrounds over the expansion of charter schools, approved five new charters on Wednesday in a contentious meeting marked by protests, shouting and arrests. The vote by the Philadelphia School Reform Commission, formed in 2001 as part of a state...

  • PHILADELPHIA, Feb 18- Philadelphia's financially distressed school district, one of the country's biggest battlegrounds over the expansion of charter schools, will learn on Wednesday whether new charter schools will be approved for the first time in seven years. The American Federation of Teachers has fought against the nation's expansion of mostly...

  • NEW YORK, Feb 11- Pennsylvania Governor Tom Wolf on Wednesday proposed a new 5 percent severance tax on the state's booming natural gas extraction industry, a turnabout from his Republican predecessor who opposed such a tax. Like other public schools in Pennsylvania, Caln gets about 30 percent of its funding from the state. Wolf noted that Pennsylvania ranks...

  • Jan 29- Pennsylvania Governor Tom Wolf on Thursday signed an executive order reinstating a moratorium on new leases for oil and natural gas development in state parks and forests. Officials in Pennsylvania were not immediately available to say how much gas and oil energy companies produce from state forest and park land. Drilling for gas in the Marcellus...

  • NEW YORK, Oct 31- The Democrat who could oust Pennsylvania's Republican governor in November wants to reshape the state's personal income tax system to make it more progressive. Pennsylvania's public pension system has a $50 billion future gap at a time when new revenue is in short supply because of the state's sluggish economic recovery.

  • A handful of the Nov. 4 races such as the dead heat in Illinois, possibly the most fiscally dysfunctional state, shape up as de facto referendums on reform and their results could make municipal bond investors alter their bets. "People are not so much voting for governor in some of these states but how they want the pensions addressed," said Craig Brandon, Co-Director...

  • NEW YORK, Oct 28- Investors stung by plunging oil prices and energy stocks may find relief right around the corner: A Republican-led U.S. Senate could well jump-start energy-friendly policies that would shore up the beaten-down sector. Now, those with a stake in the sector hope a Republican Senate takeover will lead to reform of export laws, speed up approval of...

  • Who's living large in Michigan? The governor. Thursday, 18 Jul 2013 | 1:57 PM ET

    Twenty-two U.S. governors make over $140,500 a year, and they've been investing in some impressive digs. Click ahead to take a peek at the homes of some top-paid governors.

  • *New York, Philadelphia, Washington, Boston in its path. NEW YORK/ REHOBOTH BEACH, Del., Oct 29- Hurricane Sandy began battering the U.S. East Coast on Monday with fierce winds and driving rain, as the monster storm shut down transportation, shuttered businesses and sent thousands scrambling for higher ground hours before the worst was due to strike.

  • Pa. utility agency slapped by judge, admits error Friday, 26 Oct 2012 | 4:03 PM ET

    HARRISBURG, Pa.-- The Pennsylvania Public Utility Commission was ordered Friday by a state judge to stop reviewing or challenging municipal ordinances that affect natural gas drilling, the same day the agency admitted to miscalculating how much money some municipalities will receive from the booming drilling industry.

  • NEW YORK, Oct 25- The outcome of a court hearing set to begin on Thursday will determine whether a major regional healthcare system in Pennsylvania is driven into bankruptcy or will be allowed to seek other suitors after a $475 million merger deal with insurer Highmark Inc crumbled.

  • Report: Pa. has 4th-highest in-state tuition costs Wednesday, 24 Oct 2012 | 4:46 PM ET

    PITTSBURGH-- A new report from the College Board says Pennsylvania has the fourth-highest in-state tuition charges in the nation for four-year public universities. The Penn State University Park campus topped the list nationally with in-state tuition and fees totaling more than $17,200 for the current class.

  • 14 eco groups ask Pa. to change drill/water policy Wednesday, 24 Oct 2012 | 10:06 AM ET

    PITTSBURGH-- Fourteen environmental groups have asked Pennsylvania Republican Gov. Tom Corbett to reverse a recent change in how official notifications of possible water pollution related to Marcellus Shale natural gas drilling are handled.

  • Pa. gov gets bill to let firms keep payroll taxes Thursday, 18 Oct 2012 | 10:32 AM ET

    HARRISBURG, Pa.-- A new state tax incentive designed to encourage companies to hire in Pennsylvania passed both chambers of the Legislature on Wednesday and was sent to Gov. "The beauty of this approach is that this is not revenue that is in the state currently," Senate Appropriations Committee Chairman Jake Corman, R- Centre, told colleagues. "

  • Pa. health-insurance exchange plan stalls Thursday, 18 Oct 2012 | 10:04 AM ET

    HARRISBURG, Pa.-- A state-run health insurance exchange is unlikely to be ready for a scheduled January 2014 rollout, Pennsylvania's top insurance regulator said Wednesday.

  • Bill with child labor rule changes sent to Pa. gov Tuesday, 16 Oct 2012 | 3:12 PM ET

    HARRISBURG, Pa.-- A bill to revamp employment rules for children, particularly those working in entertainment, is on its way to the desk of Pennsylvania Gov. The House voted unanimously Tuesday in favor of the measure, which in many ways is patterned after California's law and brings Pennsylvania closer in line with federal rules.

  • Pa. to distribute $200M from gas drilling fees Monday, 15 Oct 2012 | 12:57 AM ET

    HARRISBURG, Pa.-- Pennsylvania state agencies and local governments in places where drilling for natural gas is occurring learned Monday how much money they will get out from a fund that has already collected more than $200 million in "impact fees" from drillers.

  • Auditor general wants Pa. to license tattooing Wednesday, 10 Oct 2012 | 10:23 AM ET

    PITTSBURGH-- Auditor General Jack Wagner wants to Pennsylvania Department of Health to license and regulate the state's 750 tattoo parlors. Wagner, a former Pittsburgh City Council president, was in the city for the announcement Tuesday.