Morning Money: Wait, you didn't have to raise taxes?

Philadelphians must be eyeing their suburban neighbors enviously, as Montgomery County just passed a budget that avoids raising taxes.

Meanwhile, Pittsburgh college students breathe a sigh of relief as that city’s mayor agrees to drop a proposal to tax their tuitions.

Out of state, the San Jose Mercury News has a good analysis of how election-year politics may pose a problem for balancing California’s $20 billion budget shortfall.

And even further out of state, Hawaiians are in for budget cuts. At least they have year-round beaches and tropical water to comfort them.

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