Federal gov’t should follow VA’s lead and establish consensus to reduce deficit

By: Gov. Bob McDonnell

On January 18th, two days after taking the oath of office, I delivered my first address to the Joint Houses of the Virginia General Assembly. Waiting for our administration was a Virginia budget with an unprecedented $4.2 billion deficit, a politically divided General Assembly and the toughest economy in modern Virginia history.

In my address, I made clear this administration would be dedicated to bipartisan cooperation in the pursuit of job creation and economic growth. I also made it clear that on one key issue I would not budge.

We would not balance Virginia’s budget by making it harder for Virginia families and business owners to balance their own. I said, “If you pass a bill in this recession that raises taxes on the hardworking families of Virginia, I will veto it. And if you pass a budget embedded with those same tax increases, I will not approve it.”

via The Hill – Federal gov’t should follow Virginia’s lead and establish consensus to reduce deficit

  



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