Rainy Day Fund

Potential State Budget ReductionsThe state’s economists and fiscal experts are urging lawmakers to pass a budget as soon as possible to help mitigate lower revenues by tapping into the state’s rainy day fund. As Virginia Public Radio’s Tommie McNeil reports, they informed the House Appropriations Committee that if lawmakers don’t act soon, the state has much to lose.
Both houses of the General Assembly will convene to work on the budget Thursday night.

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