The budget impasse continues in Pennsylvania as the state tomorrow will enter its third week of operating without an approved spending plan for fiscal 2010.

Gov. Edward Rendell, a Democrat, yesterday stated that while a budget proposal that House Republicans unveiled last week is a "significant breakthrough" in the budget standoff, he would not endorse a spending plan that includes additional cuts in education and children's programs.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.