Budget & Revenue
At A Glance: Moving Pieces In The Budget Bill
Virginia’s House of Delegates and Senate are currently considering the budget amendments that Governor Northam recommended last week. The primary...
Summarizing Governor Northam’s Proposed Uses of Flexible Federal Funds
Virginia is receiving $4.3 billion in flexible state fiscal recovery funds from the American Rescue Plan Act. Governor Northam has...
New Federal Funds for Virginia: Who’s Getting What
The American Rescue Plan Act (ARPA) of 2021 that became law on March 11 provides both flexible and targeted funding...
More Than Recovery: Reflecting on a Stronger Future for the Commonwealth
The COVID-19 pandemic has unearthed inequities with deep roots. Intentional policy decisions made over generations have maintained a society where...
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 the...
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 have...
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 the...
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 relies...
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 U.S.