Time to End State Borrowing for “Economic Development”

Fox 29 Philadelphia has a video story up about the use of RACP money—state borrowing for corporate welfare—for projects such as resort spas, sports stadiums, and Tasty Cakes (not to mention the Arlen Specter Library). The video features a couple cameos of yours truly.

RACP spending was brought up at yesterday’s “Delivering on the Mandate” luncheon, with Rep. Mike Turzai saying it’s time to do away with the program, which has only created more debt for taxpayers, without stimulating Pennsylvania’s economy.