New report gives Pa. failing grades on financial condition

October 15, 2020

Includes “The Pennsylvania Treasury Department and the state Department of Revenue recently provided members of the House Finance Committee with updates on the financial challenges facing the state. The Truth in Accounting report, Financial State of the States 2020, provides an analysis of the fiscal health of all 50 states based on fiscal year 2019 comprehensive annual financial reports. It looks at the most recent available data and represents the states’ finances before the global coronavirus pandemic and lockdowns.” 

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