“We need to have more fee transparency, particularly when it comes to private equity and hedge funds, where fees are opaque to say the least,” Torsella says.
Torsella Praises Bipartisan “No Budget/No Pay” Proposal; Bill Would Dock Lawmakers’ Pay if No State Budget
Taxpayers have every right to expect that if Harrisburg politicians can’t do their job and produce an on-time budget, they should not be paid. When there’s no timely state budget all of Pennsylvania suffers, but there’s no penalty to lawmakers who caused the crisis.
“We need Joe’s integrity, drive, and talent in the Treasurer’s office,” Rendell said. “He’ll be a great candidate for our party, a strong voice for our Democratic values, and a terrific Treasurer for our Commonwealth, and I’m proud to endorse him today.”