Pennsylvania’s Budget Deficit got Worse in January

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HARRISBURG, DAUPHIN COUNTY (WBRE/WYOU) – Pennsylvania’s budget deficit has gotten worse in January.

Pennsylvania collected $50 million dollars less than anticipated in January, which makes fiscal year-to-date collection stand at around $416 million dollars below estimate.

For the month of January sales tax receipts were about $5 million dollars below the estimate but personal income tax was $27 million dollars above estimate.

January corporation tax revenue was around $60 million dollars below estimate.

The bright side is the gambling, tobacco and liquor taxes were were $5 million dollars above the estimate, which could be largely impart to the changes in Pennsylvania liquor laws and the good holiday sales.

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