News Releases - September 2017


Treasurer Torsella Issues Statement on Short Term Investment Pool, Status of General Fund


Harrisburg, PA – Pennsylvania Treasurer Joe Torsella today released a statement regarding Treasury’s Short Term Investment Pool (STIP), and warned that on Friday, September 15, the General Fund’s balance is projected to fall to zero. As a result, without corrective action, $860 million in scheduled expenditures would be delayed until the General Fund has received sufficient revenue.


Treasurer Torsella Issues Statement on Trump Administration DACA Decision


Harrisburg, PA – Pennsylvania Treasurer Joe Torsella today issued the following statement on the Trump Administration’s announcement to end the Deferred Action for Childhood Arrivals (DACA) program that allows certain undocumented immigrants who entered the country as minors to receive temporary relief from deportation and eligibility for a work permit.