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Harrisburg, PA – Pennsylvania Treasurer Joe Torsella today announced Pennsylvania’s recent purchase of $11.8 million in Israel Bonds, expanding an investment that benefits both Pennsylvania and the State of Israel. The investment transaction as completed increased the total amount of Israel Bonds in the Pennsylvania Treasury portfolio to $40 million.

“According to the preamble of the Republican Party’s platform, one of the basic tenants of the GOP is a belief that “…federalism…must be preserved un-compromised for future generations.” In the preamble of the platform of the Democratic Party, there is an entire section labeled “Ensuring a Secure and Dignified Retirement.