Two Year Budget Proposal

VirginiaSeal02Governor McDonnell has rolled out his final two-year state budget, which includes additional funds for major core services and other priorities. The $95.9-billion budget also injects new cash into the Rainy Day Fund and adds millions of dollars to public and higher education.  Virginia Public Radio’s Anne Marie Morgan reports that the Governor used caution in forecasting revenues—due to the disproportionate impact on the state of potential changes in federal fiscal policies.

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