HARRISBURG, Pa. (AP) – Another bad month of tax collections is deepening the state government’s budget hole, pushing its revenue shortfall to more than $1 billion for a fiscal year that ends in nine weeks.
The Department of Revenue said Monday that April’s tax collections came in at $537 million, or 13 percent, below expectations.
The growing gap could put more pressure on Democratic Gov. Tom Wolf to accept spending cuts or the Republican-controlled Legislature to raise taxes as they prepare a budget plan for the fiscal year starting July 1. Wolf’s proposed budget is $32.3 billion.
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