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Scranton’s New Favorite Game

Scranton’s New Favorite Game

… is “Borrow, Borrow, Tax”! But this a bit more expensive than the original children’s game, “Duck, Duck, Goose” – to be exact, $11.3 million private-placement bond at an interest rate of 8.9 percent. But don’t worry about the cost down the road! Said city Business Administrator Ryan McGowan, “We’re happy with this and ready to move on to the next step.”

New taxes, anyone? Anyone? Anyone?

Read the rest at the Times-Tribune.

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