Gov. Balks at Making SWIF a Cookie Jar for Budget Shortfall

Pennsylvania Gov. Tom Wolf quickly rejected a proposal by some Republican lawmakers to shore up the state’s budget woes by taking $200 million from the State Workers’ Insurance Fund. The fund has more than $1.5 billion in assets, making it appear on paper to be a cash cow. But the SWIF has more than $2 billion in liabilities from outstanding claims, the state Department of Labor & Industry says. House Majority Leader Dave Reed, R-Indiana, pitched the idea of borrowing from SWIF to help fill the state's $1.4 billion shortfall, according to a report Wednesday by Th...