HARRISBURG, Pa. (AP) — State Treasurer Rob McCord says he needs more money to make more money for state government.
At a Senate Appropriations Committee hearing Wednesday, McCord said Republican Gov. Tom Corbett's proposal to flat-line the treasury's $32 million operations budget is actually a cut because of rising personnel costs.
McCord, a Democrat, says his department has produced hundreds of millions of dollars for the state through savvy investments, stepped-up collections and reduced payment errors. McCord says he needs a nearly 25 percent increase to build on that record.
But Sen. Mike Brubaker, a Lancaster County Republican, told McCord he needs to find more creative solutions. As he put it, in this economy, "a flat-line budget is the new up."
©2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.