Pennsylvania

The short-term lifeline will enable the commonwealth to make Medicaid payments while it will lacks a revenue plan.

The governor said the lease agreement could provide $200 million up front for the cash-strapped state.

S&P Global Ratings cited concerns about operating margins at the Philadelphia university.

Lawmakers can't agree on how to fund the state budget, while the governor looks for a loan from the state liquor monopoly.

The governor said he would borrow against $1.25 billion in profits from the state liquor system.

Franklin Regional School District's financial adviser has recommended the board issue $9.9 million in bonds.

The rating agency calls on the commonwealth to match recurring revenues with expenses.

The story behind a state’s rainy day fund should be weighed heavily, some municipal analysts said at a recent event.

The region's manufacturing sector expanded in September as the general business conditions index increased to 23.8 from 18.9 in August, according to the Federal Reserve Bank of Philadelphia’s Report on Business.

House Majority Leader Dave Reed blames 'a small group of unknown people' at S&P for the state's downgrade while the Senate rejects a House revenue plan.

He will assume the Philadelphia Area Municipal Analysts Society position from Tom Kozlik.

S&P Global Ratings cited fiscal shakiness while Gov. Tom Wolf called for an end to the budget impasse.

Gov. Tom Wolf has threatened further cuts without a balanced $32 billion fiscal 2018 budget.

The Philadelphia Area Municipal Analysts Society meets Sept. 21.

The state awaits word on how Gov. Tom Wolf will handle the situation as bond rating agencies continue to hover.

Continued lack of a budget will mean a spending freeze and further rating agency backlash.

Improved reserve levels helped spur the district's first upgrade in seven years, though it remains speculative grade.

Gov. Tom Wolf has threatened a spending freeze and rating agencies have threatened more downgrades.

The action by the University of the Sciences in Philadelphia is a response to enrollment challenges.

A Lackawanna County court has scheduled another hearing for Monday on a challenge to Scranton's ability to collect certain local taxes.