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Virginia facing $3.5 billion shortfall in next budget

The next two-year budget is expected to fall approximately $600 million short in revenues and include about $2.9 billion in additional spending, according to analysts for the Senate Finance Committee

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November 20, 2009

Virginia tax collections reflect struggling economy
Virginians are taking home less pay, spending less in stores and still are getting hit on their investments, new state tax-collection statistics show

November 19, 2009

Senate health care bill gives states the option to opt out
White House says it includes a provision for states regarding public option
Gov. Tim Kaine cites budget concerns in his final months
Kaine’s term expires in less than two months, but that doesn’t mean he’s leaving behind his concerns about the future of the commonwealth
Budget analyst says state should stop building prisons
As a cost-saving step, the General Assembly should consider delaying corrections projects or deferring operating costs for the next five years, according to the analyst
Virginia facing $3.5 billion shortfall in next budget
The next two-year budget is expected to fall approximately $600 million short in revenues and include about $2.9 billion in additional spending, according to analysts for the Senate Finance Committee

November 17, 2009

Virginia could see a nearly $3 billion shortfall in next 2 years
The grim forecast for the next state budget comes on top of $5.6 billion in reductions to the current two-year state budget and continued revenue declines in a poor economy

November 16, 2009

Online ads in Virginia gubernatorial race ‘set the standard’
During the campaign for governor, the Republican McDonnell and his Democratic opponent, R. Creigh Deeds, both aggressively used online ads

November 15, 2009

Senators Mark Warner, Jim Webb speak out on health-care reform
Virginia's two senators are expressing concerns about costs -- in the expense of individuals' premiums and the rising federal deficit. While both are open to the idea of a public option, it's not their priority.

November 13, 2009

Danville TEA Party plans to burn effigies of Perriello, Pelosi
The 'Fired Up For Freedom' rally set for Nov. 21st, is set to protest the vote on the House health care reform bill
Perriello responds to constituent concerns
More than 8,000 people called in throughout the hour-long conference

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