Politics

Youngkin unveils final Virginia budget proposal, highlights tax relief and revenue growth

“My friends, Virginia is leading,” The Center Square reported. “Don’t allow her to become California or Illinois.”
“This has been, and will continue to be, the most direct way to address cost-of-living concerns,” Youngkin said. “You should cut taxes, not raise them or create new ones. It’s completely unnecessary and bad for Virginians.”

Gov. Glenn Youngkin presented his final proposed biennial budget to Virginia lawmakers during a joint meeting of House and Senate budget committees, pointing to strong revenue growth and what he described as room to fund core services while continuing tax relief.

The proposal includes $730 million in tax relief without new or increased taxes, increased funding for Medicaid and public education, and nearly $2 billion for capital projects. Democrats control both chambers of the General Assembly, and Gov.-elect Abigail Spanberger will ultimately sign the budget lawmakers adopt before it takes effect July 1.

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