In the past week, Pennsylvania has delayed a major payment to Medicaid insurers, the commonwealth’s credit has been downgraded by a major rating agency, and the Senate has formally vetoed the House’s conservative budget proposal, effectively resetting negotiations once again.
The funding plan that was due on June 30 still appears far from finished.
PennLive’s Charlie Thompson and Angela Couloumbis of the Philly Inquirer discuss why the credit downgrade may be more symbolic than fiscally important, whether the state’s going to miss major school payments, what it would take for House Republicans to stop holding out for a tax-free plan, and why this standoff is the weirdest budget fight they’ve ever seen.
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