Tom Corbett on Corporations
End antiquated system of state-owned liquor stores
We have to reform our antiquated system of state-owned liquor stores. Our own people don't think much of the system, either, because it's inconvenient and they don't appreciate paying monopoly prices. About the only ones who do like it are the stores in
NJ, DE, and MD that pick up the extra business.
Pennsylvania loses about $80 million a year that would otherwise be spent here. So here's a thought, let's make 2014 'last call' for state-controlled liquor in Pennsylvania.
Source: 2014 State of the State speech to Pennsylvania legislature
, Feb 4, 2014
Give up on privatizing state lottery program
Gov. Tom Corbett said he won't pursue a controversial plan to privatize the Keystone State's lottery program. Corbett had been pursuing a deal that would have handed the state lottery over to Camelot Global Services, a British firm, in exchange for $34
billion over 20 years. Camelot was the only bidder for the project.
But lawmakers, unions and watchdog groups criticized the deal. The state's Attorney General said last year the plan violated the Commonwealth's constitution, and a union that
represents lottery workers has filed a lawsuit to stop the deal.
The Pennsylvania lottery, which funds programs for the elderly, generated almost $3.7 billion in sales last year. The proposed contract would have seen Camelot making annual payments,
even if revenue fell short of a set limit. Corbett made the case that signing the deal would have led to a reliable, predictable revenue stream. But public watchdogs said that doesn't justify outsourcing profits to a private company.
Source: Washington Post on 2014 Pennsylvania governor race
, Jan 2, 2014
Page last updated: Jul 27, 2017