Posts tagged: business loans

Dems criticize using tobacco payments for business loans

Tweet HARRISBURG — The governor’s proposed economic development loan fund would count on some money previously used for health care programs to help him to dole out business loans. Of the $2 billion anticipated for the fund, $220 million would come from the annual payments Pennsylvania receives as a result of a 1998 lawsuit settlement with tobacco companies. Gov. Tom Corbett said the new loan program, dubbed the Liberty Loan Fund, wou ... Jump to full article >>