Budget & Revenue
What a Federal Shutdown Would Mean for Virginia
Update: On Saturday, September 30, Congress passed a continuing resolution to continue funding through mid-November. Due to the...
Statement: Budget Compromise Rejects Proposed Tax Handouts for Corporations, Millionaires and Invests In Virginia Families
Today, Amy Wentz, Director of Outreach and Engagement for The Commonwealth Institute for Fiscal Analysis (TCI), released the following statement...
Session 2023: Key Budget Policy Choices
Comparing the governor’s, House, Senate, and compromise budgets to the 2022-2024 budget House and Senate budget negotiators have released their...
K-12 Funding in 2023: What’s Up With That 22% Number?
There was a lot of attention today on the investments in Virginia’s schools that students, parents, and educators successfully fought...
How the Senate’s February Budget Proposal Helps Schools Across the Commonwealth
In February 2023, the House and Senate of Virginia proposed budgets that represented contrasting visions for Virginia. The House followed...
The Impact of Recent Tax Choices and Proposals
Tax changes in Virginia during the 2022 session In 2022, the Virginia General Assembly approved a two-year budget (fiscal years...
Cutting Top Personal Income Tax Boosts the Wealthy, Excludes People with Lower Incomes
With no budget compromise yet from the Virginia General Assembly, $1 billion in untargeted tax cuts that mostly benefit the...
Status Report: What’s Happening With Virginia’s Budget
First published: March 15, 2023Last updated: April 3, 2023 to reflect current status of the budget process, including...
Will Virginia Maintain its Health Coverage Progress? To Be (Re)determined
Virginia’s choice in 2018 to expand Medicaid has served as a critical safety net for Virginians during the pandemic as...