State
[naviga:h3]$700M short-term credit line for state[/naviga:h3]
HARRISBURG — The Pennsylvania Treasury is extending a five-day, $700 million credit line to tide over the state government’s deficit-ridden finances.
Pennsylvania Treasurer Joe Torsella said in a statement Thursday that the credit line is to be paid back no later than Oct. 20. He says the cash is necessary for Democratic Gov. Tom Wolf’s administration to make payments on time to Medicaid providers.
It is the second such short-term loan Torsella, also a Democrat, has extended to the state this year. Torsella had refused to extend a loan last month, noting the Legislature hadn’t approved a revenue package to fully fund a $32 billion budget bill lawmakers approved June 30.
[naviga:h3]Fire chief, wife suspended[/naviga:h3]
PENN HILLS — A fire chief and his wife have been suspended after a complaint was filed with police about missing money from a department account.
Penn Hills volunteer firefighters voted Monday evening to suspend the fire chief and his wife, who served as the vice president of the station.
Fire department President Robert Williams did not disclose how much money is believed to be missing, but he says the issue has been going on for a year and a half. He says the two were the only ones with access to the account.
No charges have been filed. Police say the case is under investigation.
