Pennsylvania

A retirement panel reviewed a pension overhaul bill as Pennsylvania lawmakers juggled the budget, transportation funding and liquor privatization.

Another candidate has entered the race for mayor in financially teetering Harrisburg, Pa. Air Force veteran Nate Curtis, 25, will run as an independent against Democratic nominee Eric Papenfuse, fellow independent Nevin Mindlin, and possibly city Controller Dan Miller on the Republican side.

Pennsylvania's Senate Finance Committee in a 6-5 vote on Wednesday moved a pension-change bill considerably weaker than what Gov. Tom Corbett proposed.

Moody's Investors Service has dropped York, Pa.'s general obligation debt to Ba1 from Baa3.

Continuing financial obligations will make Pennsylvania Turnpike debt unsustainable and tolls crushing for motorists and businesses, according to the state's auditor general.

The University of Pittsburgh Medical Center accused Pittsburgh Mayor Luke Ravenstahl of suing it over its nonprofit status to cover a scandal in his administration, according to a court filing.

Pennsylvania's $28.3 billion budget is en route to the Senate with three weeks left in the session after the House passed it in a party-line 108-92 vote.

To gain a balanced budget in the coming fiscal year, the Philadelphia School District is planning to lay off about 20% of its workforce.

Pennsylvania is probably in store for a downgrade from the rating agencies should it not overhaul its retirement system this session, its budget secretary said.

Harrisburg's receiver warned that a summary judgment ruling for incinerator creditor Covanta could push Pennsylvania's capital city to file for bankruptcy.

If Pennsylvania does nothing about its $47 million-and-rising unfunded pension liability, an Illinois-sized shadow could loom over the Keystone State.

Pennsylvania's $28.3 billion budget is headed for floor debate in the House after its appropriations committee approved it by a party-line 21-14 vote.

Pittsburgh officials want Pennsylvania to remove the "distressed" tag and are tired of waiting for the Department of Community and Economic Development to act.

A state Senate panel began a series of public hearings throughout Pennsylvania on the future of its cities, large and small.

KidsPeace Children's Hospital of Schnecksville, Pa., looking to pare bond debt from $51.3 million to $24 million, filed a voluntary Chapter 11 bankruptcy petition.

Standard & Poor's revised its outlook to positive from stable and affirmed its AA long-term rating and AA/A-1-plus rating on University of Pittsburgh debt.

Fitch Ratings downgraded Temple University Health System to the speculative grade BB-plus from the investment grade BBB-minus on Tuesday afternoon.

Bookstore owner Eric Papenfuse defeated incumbent Linda Thompson and city controller Dan Miller in the Democratic primary in distressed Harrisburg, Pa.

Harrisburg, Pa., Mayor Linda Thompson must overcome bad poll numbers in her re-election bid as the capital city's woes provide a Democratic primary backdrop.

Standard & Poor's has lowered its rating of Columbia County, Pa., by two notches to A-minus from A-plus.