Gov. Ed Rendell is the last man standing in the state's 73-day-old budget impasse. Legislative leaders announced today that they have reached agreement on a compromise budget that avoids broad-based tax increases (income tax or sales tax) but Gov. Rendell is threatening to veto the budget because he wants to see a big tax hike for Pennsylvania residents.

Rendell is alone in his call to raise taxes, so he won't have anybody to blame but himself if he carries out the threat to veto the budget.

Read the full text of the budget agreement announcement here.

Read more about Rendell's threatened veto at the link below:

Rendell says he will veto bipartisan state budget proposal - Pittsburgh Tribune-Review

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