With an eye beyond the next fiscal year, Pennsylvania Gov. Edward Rendell yesterday released his fiscal 2011 budget proposal and urged a broadening of the state’s sales tax and corporate tax to help address projected deficits in the billions for fiscal 2012 and fiscal 2013.
Fiscal 2011 begins July 1. This is Rendell’s final budget plan before he leaves office in January after serving for two terms. Historically, Pennsylvania’s fiscal budgets have hit political roadblocks. The state hasn’t passed a spending plan by the June 30 deadline in seven years.