PA rep sees horse racing subsidy as bad bet

from the USTA Communications Department

Columbus, OH — In Tuesday’s (May 30) Pennsylvania Watchdog.org newsletter story, “Pennsylvania representative sees horse racing subsidy as bad bet,” Representative Todd Stephens, R-Montgomery County, calls for the Pennsylvania Race Horse Development Fund to be phased out.

However, Pete Peterson, spokesperson for The Pennsylvania Equine Coalition, a statewide group representing more than 10,000 horse owners, trainers, and breeders, challenged Stephens and noted that past efforts to eliminate the fund have been soundly defeated.

Peterson emphasized that the funds spent on horse racing produce a multiplier effect with $2 in economic impact for every $1 spent by the fund and that it supports agriculture in the state and “tens of thousands of jobs.”

To read the full story on Watchdog.org, click here.

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