Monday, December 16, 2013

Governor McDonnell Unveils Budget




Governor Bob McDonnell has unveiled the Commonwealth’s budget for the next two fiscal years.

Governor McDonnell says his $95.9 billion budget promotes private-sector job creation and grows Virginia's economy.

The Governor says his budget triples the Rainy Day Fund, which will reach $1 billion by 2016.

The budget proposal allocates more than $183 million in additional, new higher education funding.

It also provides over $38 million dollars in new funding for mental health priorities.