Budget

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.

Taming Runaway Education Costs

Jul 27, 2015

State lawmakers say they’re determined to find ways that will help reign in the runaway costs of getting a college degree.  Members of the House Higher Education Advisory Subcommittee applaud Virginia’s universities, but say the skyrocketing costs and college loan debt have become a very heavy burden for families. 

National Defense Authorization Act

Jun 9, 2015

Senate Democratic leaders are hoping to filibuster a bill this week that's vital to Virginia's servicemen and women and the state's defense industry.

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