News

Treasurer's election arrives amid turbulence, deficits

Written by The Associated Press | Oct 2, 2016 7:40 AM
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(AP Photo/Matt Rourke)

(Harrisburg) -- Pennsylvania voters will pick the next state treasurer to oversee an agency that is playing a bigger role in the state government's finances because of persistent deficits.

The Nov. 8 election also approaches as two of the office's three most recent elected holders have been hit with federal charges.

On the ballot will be Democrat Joe Torsella, Republican Otto Voit, the Green Party's Kristin Combs and the Libertarian Party's James Babb.

Torsella and Voit are pledging to advance various transparency measures.

A top priority of Torsella is to help create and manage low-fee individual retirement accounts for private-sector workers who have no workplace retirement plan.

Voit is pledging to save taxpayers $1 billion in his first term and will not run for a second term if he does not.

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