Budget

Next week Virginians will get their chance to weigh in on the state budget.

This year agencies will be tightening their belts, working to close a more than $1 billion gap between revenues and spending. 

Congressional Infighting over Budget Continues

Mar 21, 2016

Republicans were swept into power on Capitol Hill in part by promising to bring the nation’s fiscal house into order. A part of their argument was that Democrats had given up on writing, let alone passing, budgets. Now the tables have turned.

Virginia Republican Congressman Dave Brat was sent to Washington after shocking Washington by ousting former Majority Leader Eric Cantor in a primary. He’s now a part of a group of lawmakers that is dead set on blocking the budget Republican leaders in the House support.

Congress Passes Omnibus Budget Bill

Dec 21, 2015

 Virginia lawmakers were divided on the legislation to fund the government. 

Only 113 House members voted against the bill to keep the government funded through next September. Six of those Republican no votes are from the commonwealth, which means more Virginian House members opposed it than supported it. For fiscal conservative Republican Congressman Dave Brat says the one point one trillion dollar price tag of the package was just too much.

“Just on the budget numbers alone I made commitments alone.” 

Governor Again Pushes for Medicaid Expansion

Dec 18, 2015

Virginia is one of 20 states that have opted to not expand Medicaid using money the federal government is providing through the Affordable Care Act. It’s been the source of deep discord between Virginia’s Democratic Governor and its Republican legislature, for a couple of years.

But as part of a big budget proposal, Governor McAuliffe threw his hat into the ring for one more Medicaid fight.

Gov. McAuliffe Unveils Budget Plan for Virginia

Dec 18, 2015

Governor Terry McAuliffe has presented his full two-year budget proposal to a select group of finance leaders from Virginia’s legislature at the state capitol. Following a surplus last year, the governor’s budget is the most expensive in Virginia history - topping $100 billion.

After higher than normal tax revenues last year, plus the lowest unemployment rate in Virginia since the recession, Governor McAuliffe says now is the time to keep building the economy.

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