According to a Patriot-News article (from Pennlive.com, June 30, 2011): Pennsylvania soon will have a state budget that cuts spending more deeply than most folks have seen in a generation. Gov. Tom Corbett is expected to sign a $27.15 billion budget today that includes no tax increases or new taxes. The new fiscal year begins Friday. The 2011-12 budget cuts spending by 4.1 percent. It dramatically reduces aid for schools, colleges, economic development and welfare programs. It contains about $300 million in tax cuts and credits for business interests. Click here to read the full article.