Following is a listing of executive and legislative action for the week of Sept. 11. The state House of Representatives was continuing in session at press time; the Pennsylvania Senate stood in recess and was set to return to session on Monday.

Short-Term Investments

Treasurer Joe Torsella and Auditor General Eugene DePasquale on Sept. 12 released a joint statement calling on the General Assembly to act immediately to fund the fiscal year 2017-18 spending plan, warning that the General Fund was set to run out of money three days later. “Without corrective action, $860 million in scheduled expenditures would be delayed” until lawmakers act. Torsella said in a letter also signed by DePasquale that he was “disinclined” to authorize a loan from Treasury's short-term investment pool, or STIP, to keep the state government afloat after Sept. 15.

Torsella previously authorized loans from the STIP in August. But the General Assembly by Sept. 12 had not agreed on a revenue plan to fund the $32 billion state budget.

“This disruption was—and remains—entirely avoidable. The can has been kicked down the road for far too long, and now we have run out of road. I urge the General Assembly to finish this work, and enact a responsible revenue package in the next 72 hours,” Torsella said. “Time is short, but not yet out.”

Revenue Crunch

Against the backdrop of Treasury's warning the Pennsylvania House of Representatives late on Sept. 13 approved a no-new-taxes borrowing package to help plug the state government's $2.2 billion budget gap, The Associated Press reported.