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Budget & Revenue

April 11, 2024 | The Commonwealth Institute

Session 2024: Key Budget Policy Choices

Comparing the introduced, legislature-passed, and governor’s amendments for the 2024-2026 budget The governor has released his proposed changes to the...
April 9, 2024 | Ashley Kenneth

Statement: Governor Proposes Significant Cuts to Legislature’s Historic Public Education and Other Key Priority Funding Proposals

Ashley C. Kenneth, President and CEO of The Commonwealth Institute for Fiscal Analysis (TCI), released the following statement regarding the...
April 2, 2024 | Levi Goren

K-12 Funding in Legislature-Passed Budget Compared to Governor’s Introduced Budget (by Locality)

The budget passed by the General Assembly provides an additional $1.2 billion more for public schools...
March 28, 2024 | Megan Davis

Modern and Fair: Expanding the Sales Tax to Reflect the “New Economy”

In order to have a budget that makes critical investments in community needs, like public education, health care, and housing,...
March 7, 2024 | The Commonwealth Institute

Budget Conferees Say No To Tax Breaks for Millionaires, Yes to Historic K-12 Funding and More

Ashley C. Kenneth, President and CEO of The Commonwealth Institute for Fiscal Analysis (TCI), released the following statement regarding the...
February 18, 2024 | The Commonwealth Institute

Statement: Money Committees Reject Worst of Governor’s Tax Package, Make Stronger Investments in Education, Health, and More

Ashley C. Kenneth, President and CEO of The Commonwealth Institute for Fiscal Analysis (TCI), released the following statement regarding the...
February 1, 2024 | The Commonwealth Institute

Key Senate Money Subcommittee Defeats Gov. Youngkin’s Tax Giveaways for the Wealthy

Ashley C. Kenneth, President and CEO of The Commonwealth Institute for Fiscal Analysis (TCI), released the following statement on the...
January 19, 2024 | Megan Davis

Digging Deeper: How the Governor’s Proposal Increases Taxes for Low-Income Families, Gives Significant Cuts to the Wealthy

When we all pitch in our fair share, we can invest in the programs and services that help everyone to...
January 18, 2024 | The Commonwealth Institute

Virginia Parents, Advocates, Elected Officials Call for Lawmakers to Advance Family-Focused Tax Policy

RICHMOND, Va. — Virginia parents and elected officials joined with advocates to hold a press conference on Thursday morning and...
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