Budget

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.

Government Shutdown Threats Continue

Nov 16, 2015

  If you thought the threat of a government shutdown was taken off the table, think again. Virginia may once again get caught in the crosshairs of a partisan battle in Washington. 

Before Speaker Boehner retired he worked with President Obama to reach a two year budget agreement. That agreement is the blueprint, but it didn’t come with any dollar bills attached to it. Now that lawmakers have less than a month to actually fund the government, conservatives are trying to use the bill to undo the president’s initiatives, like the EPA’s new Clean Power Plan. 

Online Family Budget Calculator

Sep 4, 2015

A new online budget calculator shows many Virginia working families aren’t making enough to get by.

The Economic Policy Institute’s budget cruncher takes local data on a variety of costs, including, food, housing, and health care, and then calculates the numbers for the household size.

Laura Goren with the Commonwealth Institute for Fiscal Analysis says the calculator shows many families are fighting a big gap between what they make and what they need.

The calculator is available here.

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