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Virginia marks $1 billion dollar Surplus  

By: CTJ in 6TH POPE | Recommend this post (2)
Sat, 17 Aug 24 5:49 PM | 16 view(s)
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Virginia Gov. Glenn Youngkin took a public victory lap this week, claiming credit for managing the Old Dominion’s budget into a $1 billion surplus.

In his annual Joint Money Committee Address before the Commonwealth’s relevant legislative committees, Youngkin, a Republican, laid out how, in recent years, most of the surrounding states’ growth had become attractive to longtime Virginians.

Youngkin began by greeting the Democratic committee chairs: House Appropriations Chair Luke Torian of Prince William, House Finance Chair Vivian Watts of Fairfax and Senate President L. Louise Lucas, who serves as the upper chamber’s finance chairwoman.

"Our neighbors in North Carolina, South Carolina, Tennessee, Georgia and Florida have been rapidly growing," Youngkin said. "Many Virginians were choosing to go there instead of here."......

"We’ve already delivered $5 billion in tax relief for Virginia families, and by the end of my administration, we will have delivered at least $8 billion in tax relief to help Virginians keep more of their hard-earned money," he added.
Foxnews




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