Rick Geist a 33 year Harrisburg politician casually talks about corruption in the Legislature during an interview with WHTM-TV. "It isn't new and ten years from now people will be talking about something else." It is disconcerting to see that Geist seems comfortable with the Harrisburg culture of corruption. Is this what 33 years in Harrisburg does to one's moral compass?
Representative Rick Geist campaign suggested that they were concerned that a debate would not be handled fairly by the Blair County Chamber of Commerce. Others see it as an acknowledgement that his 33 years in the State legislature would be found lacking if he were to engage his opponent Dr. John McGinnis.
Commonwealth Foundation states the following:
Pennsylvanians owe $121 billion in state and local government debt. This equates to more than $9,400 for every person, and almost $38,000 for the average family of four in the commonwealth—an increase of $10,300 since 2002.
The total represents debt in the form of government bonds, but excludes unfunded pension and healthcare liabilities for government workers, borrowing for unemployment compensation, and short-term tax anticipation notes, which add tens of billions more in obligations for Pennsylvania taxpayers.
Since 2002, total outstanding state general obligation debt increased 54%, from $6.8 billion to $10.3 billion.
Annual debt payments on general obligation bonds increased from $349 million in FY 2002-03 to $1.1 billion in the proposed FY 2012-13 budget, an increase of 198% in annual debt payments in nine years.
State Agencies' & Authorities' Debt
More than three-fourths of Pennsylvania's state-level borrowing is done by off-budget state agencies and authorities, like the Turnpike Commission and the Commonwealth Financing Authority, which issue their own debt to the extent authorized by the legislature.
Debt held by state agencies and authorities increased from $16.8 billion in 2002 to nearly$34.7 billion in 2011—an increase of 106%.
Total Pennsylvania state and state agencies' and authorities' debt increased from $23.7 billion to more than $45 billion in the last nine years—representing a total state-level increase of 90%.
Pennsylvania State, State Agencies' & Authorities' Debt
School District Debt
Pennsylvania taxpayers are also experiencing an increase in debt at the school district level.
According to the Pennsylvania Department of Education, school district debt increased from $19.4 billion in 2002 to $26.6 billion in 2010—an increase of 38%.
County, Municipal, Township, & Special District Debt
Other local government debt—debt held by counties, cities, townships, boroughs, and special districts—represents more than 40% of all taxpayer debt in the Commonwealth.
According to the U.S. Census Bureau's most recent data (2009), county, municipal, township, and special district debt increased from $45 billion in 2002 to $49 billion in 2009—an increase of 9%.
Pennsylvania School District, County, Municipal, Township, Special District Debt
Dial N Deal returns in January
1974 Chevy Impala
4 door sedan, 54,000 miles, second owner, cooper color,
ll original features, including vinyl roof, glass, antique plates,
Kelly Blue Book lists value at $8,600 - asking $4,000
Monday December 22nd
Adam Conrad - Real Estate Thursday Monday
Perry Wellington Realty
Tuesday December 23rd
You've heard WRTA's Christmas Fantasy at 6pm?
this... is Christmas Travesty
Wednesday December 24th
1974 Chevy Impala
all original, 54,000 miles, antique plates,
4 door sedan, asking below Kelley Blue Book - $4,000
Ken, Hollidaysburg 932-3336
like new, 5.5HP, electric or pull start,
runs great - $295
Nordic Track Ski...