Sequestration

Risking a Government Shutdown

Sep 23, 2013

Republicans in Virginia are willing to risk a government shutdown in order to defund so-called Obamacare, while others say the strategy will backfire.

Congress Gets Busy

Sep 10, 2013

As Congress resumes this week after its month long break there are a lot of pressing issues facing lawmakers that have a big impact on the economy in Virginia.

A handful of Virginia lawmakers were some of the loudest voices calling for Congress to fore go its August break and get serious negotiations underway on budget issues.

Officials in Virginia are looking at just how sequestration cuts are impacting military operations in the Commonwealth.

U.S. Navy

A renowned economist is relaxing her predictions somewhat about the effects of federal sequestration on Virginia and now sees a reason for some optimism.  Chris Chmura says although the impact of the cuts will still hurt the Commonwealth more than most states, she expects there will  be some modest job growth.

State revenues improved a little last month following a dismal drop of 6.1%  in March.  The news reassured members of the House Appropriations Committee, who worry that federal sequestration cuts could have a negative impact on both Virginia’s economy and the state's coffers. 

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