tag:blogger.com,1999:blog-26981669.post2354332965692364053..comments2024-03-23T10:55:30.196-05:00Comments on Cold Fusion Guy: The new capital of Pennsylvania is .... PennsylvaniaJim Peethttp://www.blogger.com/profile/07649414726939918803noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-26981669.post-92076017026207670122011-10-24T21:26:15.933-05:002011-10-24T21:26:15.933-05:00Update: Pennsylvania Increases Its Hold Over Harri...Update: <a href="http://online.wsj.com/article/SB10001424052970204644504576651590563737866.html" rel="nofollow">Pennsylvania Increases Its Hold Over Harrisburg</a><br /><br />Excerpt:<br /><br /><i>Pennsylvania Gov. Tom Corbett tightened the state's grip on its cash-starved capital Monday, declaring a fiscal emergency in Harrisburg that he says is needed to ensure basic city services continue.<br /><br />The Republican governor's move gives the head of the state Department of Community and Economic Development access to the city's troubled finances. The official, C. Alan Walker, has 10 days to come up with an emergency action plan designed to protect crucial city functions, including police and fire protection.<br /><br />"During a fiscal emergency, the city's authorities and elected officials will continue to carry out the duties of their respective offices as long as no decision or action conflicts with the emergency action plan," Mr. Corbett said in a statement. ...<br /><br />For months, the city council and Mayor Linda Thompson, a Democrat, have been unable to agree on a plan to get the city of 47,000 people out from under more than $300 million in debt, most of which is tied to a troubled trash-incinerator project. The city is projected to be insolvent within 180 days, according to the governor's office.</i>Jim Peethttps://www.blogger.com/profile/07649414726939918803noreply@blogger.com