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Pa. Treasury Forgives Interest on Loans Given During State Budget Impasse

State Treasurer Stacy Garrity forgives interest on $42.2 million in loans to 62 organizations after budget delays forced local governments to seek emergency funding.

Summary by WFMZ
The program became a controversial one as negotiations over the 2025-2026 budget dragged on until an agreement was reached earlier this month.

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New Pittsburgh Courier broke the news in Pittsburgh, United States on Tuesday, November 18, 2025.
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