HARRISBURG — Gov. Tom Wolf this afternoon vetoed the Republican-backed bill to privatize the state-controlled sales of wine and liquor amid a budget standoff.

Wolf said that selling off the liquor system isn't a good business decision and warned the plan would have led to higher prices.

The decision comes two days after the Democrat also vetoed the primary budget bill.

Wolf also vetoed a budget-related public schools bill that contained a new formula to distribute state aid to districts. The governor says it didn't reversed deep cuts in school funding.

He also vetoed another key budget-related bill that guided how money is spent.

The governor hasn't announced whether he'll sign a bill that would make major changes to the two large public-sector pension plans, for teachers and state workers.