Chart of the Day: Pennsylvania State Debt Payments
The chart of the day shows the growth in Pennsylvania General Fund Debt service over the past decade: from $350 million in fiscal year 2002-03 to $1.1 billion in Gov. Corbett’s proposed budget.
Total state debt grew 90 percent from 2002 to 2011. This growth in state debt represents one siren of the Four Alarm Fire threatening Pennsylvania’s fiscal house.