Let me guess - you already knew that, right? Because you can feel it in your pocketbook. From the New York Times: Americans earned a smaller average income in 2005 than in 2000, the fifth consecutive year that they had to make ends meet with less money than at the peak of the last economic … Continue reading 2005 income less than 2000
Category: Virginia
Heretick on transportation plan
Steve Heretick, the Democratic candidate in the 13th Senate district, issued a statement this afternoon in response to the Republican press conference on the transportation plan. "Transportation funding requires steady, reliable funding sources," Councilman Heretick said. "After years of failing to provide real leadership on this issue, and to afford our region a real plan … Continue reading Heretick on transportation plan
Gotta love it
The Washington Post has an article on the GOP's plan to overturn the abuser fees. The money quote: "We lost the confidence of the people on this issue, and we need to fix it," [Virginia Beach State Senator Ken] Stolle said. I'd agree with that statement 😉 But the GOP proposal falls short of getting … Continue reading Gotta love it
A look at the revenue shortfall
With Monday's presentation to the money committees of the General Assembly, we now know that FY 2007 revenues were $234 million short and estimated revenues for FY 2008 will be $407 million less than previously forecasted. The Governor's remarks to the committee did not include all of the details. That task was left to Secretary … Continue reading A look at the revenue shortfall
Dueling op eds: Rerras v Northam
Today's Virginian Pilot features op eds from the 6th Senatorial district candidates: Republican incumbent Nick Rerras and Democratic challenger Ralph Northam. The topic is the so-called abuser fees. In his piece, Rerras takes pot shots at Northam, the Governor and Senate Democrats, while offering no solutions of his own. I will work to improve this … Continue reading Dueling op eds: Rerras v Northam
21/51: Believe!
The Daily Press has an interview with Democratic Party chairman Richard "Dickie" Cranwell, in which he discusses the chances of Democrats gaining control of the General Assembly. In all candor, I believe that the likely scenario is that we'll take control of the Senate. I think the House is a more difficult task, but based … Continue reading 21/51: Believe!
Governor: revenue shortfall $234 million
In prepared remarks today to the money committees, Governor Tim Kaine announced that the revenue shortfalls for the 2007 FY totaled $234 million, with revenue growth only 4.9% as opposed to the anticipated 6.5%. The housing sector, which started slowing last fiscal year, continues to struggle. As you know, most of our metropolitan areas are … Continue reading Governor: revenue shortfall $234 million
VA budget shortfall: $400 million?
The Richmond Times-Dispatch is reporting that Gov. Tim Kaine will meet with the money committees of the General Assembly today to report the current year's revenue shortfall, as well as revenue estimates for the next bienneum. The article says that the amount could reach $400 million. Money committee reports are made each August and December … Continue reading VA budget shortfall: $400 million?
Report: Mathieson event with Kaine
I attended this afternoon's event for Bobby Mathieson with Tim Kaine. The hosts for this were Finance Secretary Jody Wagner and her husband, Alan. What a gorgeous afternoon at the Beach! I saw bunches of folks there that I hadn't seen for a while and it was good to catch up. Among the many in … Continue reading Report: Mathieson event with Kaine
Another busy Saturday
I started the day off bright and early this morning (early for me, that is) with the second Town Hall meeting of the week on the issues facing EOV. That event kicked off at 8:30am and when I arrived about 10 minutes after the scheduled start time, it was already underway. The room was full … Continue reading Another busy Saturday
