Budget & Revenue
Confused by the debate on PPP loans and “conformity”? Here’s how it works…
Under the federal Consolidated Appropriations Act that was signed into law in late December, the federal government is providing...
Compromise House Conformity Bill Takes Fiscally Responsible Approach on Business Tax Deductions
Economic hardship has sharply increased at the highest rate in over 50 years. In Virginia, families and communities across...
Virginia’s Families and Communities Need Support Now: State Budget Options for a Stronger, More Equitable Recovery
Over the past year, the COVID-19 pandemic has created widespread hardship across Virginia and around the globe. As hospitalizations...
Virginia Needs an Updated Budget to Address Economic and Health Challenges
A lot has changed since April when legislators approved a state budget amid significant uncertainty. After six months, we...
Virginia Families Are Facing Hunger and Instability Due to the Pandemic: Legislators Should Use Available Federal Funds and Reserves to Help
Too many Virginia families and small businesses are struggling to stay afloat and pay their rent or mortgage in...
Gov. Proposal Takes Out Almost Three Quarters of A Billion Dollars ($722 M) for PreK-12, Leaves Rainy Day Funds Untouched
Last week, Gov. Northam announced his amendments to the state’s two-year budget that began on July 1. The proposal...
Policymakers Must Use Available Resources to Help Virginia Families and Communities
Statement by Ashley C. Kenneth, Senior Vice President for Policy and Government Affairs, The Commonwealth Institute for Fiscal Analysis,...
Federal Spending Likely to Continue Stabilizing Virginia’s Economy and State Revenue Through Recession
Virginia has long benefited from the federal government, largely due to the proximity of Washington, D.C. Out of all...