10 September 2014 0 Comments

Tim Krieger voted to authorize more debt for Pennsylvania’s Forgotten Taxpayers

       Tim Krieger   voted to authorize more $1,781,373,000 debt on the Pennsylvania Taxpayers. He was NOT  one of 22 voting NAY including 8 Democrats. Everyone in Republican Leadership voted YEA for more debt.

 Act 128 of 2014 is the Capital Budget Act and authorizes incurring debt  

Fiscal Note House Committee on Appropriations: “Estimated annual debt service assuming the same interest rate and level annual debt service would be $6,878,000 for twenty years. If the full authorization of $1,295,000,000 were sold at an interest rate of 3.25%, total estimated debt service would be $1,781,373,000 or $89,069,000 each year for twenty years.”

The House votes on  Act 128 of 2014

   Disappointingly, Reps DUNBAR EVANKOVICH, KRIEGER (odd, Rep. Krieger is usually votes for the taxpayer) GABLER , REGAN(York) SACCONE, SANKEY  THEN ENTIRE PRO-LIFE LANCASTER DELEGATION voted YEA. These are not the Forgotten Taxpayers’ friends. 

 The Good Guys are Reps. BLOOM COX EMRICK GILLEN KNOWLES LAWRENCE MACKENZIE (Lehigh)  MALONEY MCGINNIS METCALFE METZGAR SIMMONS(Lehigh)  AND TRUITT

 

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