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Governor Tom Corbett recently discussed his 2012-13 budget proposal during a visit to AccuSpec Electronics, where he cited the Erie employer as an example of the kind of innovation and resiliency state government must support in order to bring real job growth to the region.
“I hope all of you will ask your legislators to pass the budget I proposed earlier this month,” Corbett said. “It is built the way you build your own household budgets: you spend no more than you have. Given that the state spends your money, I think you can agree the philosophy appeals to most working Pennsylvanians.”
The $27.14 billion proposal maintains Corbett’s commitment to balance the state budget. It closes a projected revenue shortfall of more than $700 million and reduces spending by more than $20 million.
Importantly, it meets the state’s pension obligations and does not raise taxes for residents or businesses. The governor’s proposed budget focuses on five key areas: economic opportunities, education, human services, public safety and streamlining government.
“By keeping taxes low and holding down government spending, this leaves more money in the part of the economy that creates the best jobs – the free market,” Corbett said.
Governor Corbett’s proposed budget accomplishes the following:
“I’m happy to be here to talk about jobs, the economy and how we can work together to build both,” Corbett said.
AccuSpec was established in 1989 providing contract electronic manufacturing services for various electronic component distributors and OEMs. In 2009, the company expanded into a 60,000 square-foot facility and has invested about $8 million in new machinery and equipment during the past five years. AccuSpec is the largest electronic contract manufacturer in northwest PA.
For more information about the proposed budget, visit www.governor.pa.gov.
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