Governor Glenn Youngkin announced 205 budget line amendments and 8 item vetoes at an event in Richmond. He highlighted Virginia’s strong economy despite potential federal cuts. The budget includes $1.1 billion in tax relief through rebates and increased deductions, with $300 million directed to the rainy day fund. Youngkin emphasized the need for fiscal discipline to address federal budget cuts.
The budget proposal includes funding for school vouchers, lab schools, and a gaming commission. Youngkin also allocated funds for affordable higher education, maternal health measures, and school resource officers. He reintroduced a provision precluding localities from state funding if they do not comply with federal immigration authorities.
The General Assembly will reconvene in April to vote on the budget amendments. Youngkin’s amendments require a simple majority for approval. The governor signed over 300 bills last week but is expected to veto some legislation. The budget amendments aim to balance tax relief for Virginians with critical investments while increasing reserves and maintaining fiscal responsibility for the future.
Youngkin’s proposal includes measures to support education, healthcare, and public safety while addressing federal budget cuts and economic uncertainties. The governor’s budget amendments focus on strategic investments and fiscal restraint to position Virginia for long-term stability and growth. The General Assembly will have the final say on the budget amendments and vetoes as they reconvene next month.
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