Fight Brewing Over Budget Shortfall
Gov. Timothy M. Kaine is considering asking lawmakers to dip into the state's "rainy day" fund to make up for a $640 million budget shortfall.
But some Republican senators - and one in particular - has a message for the Democratic governor: No way.
Sen. William C. Wampler Jr. (R-Bristol), who is in line to become chairman of the Senate Finance Committee if the Republicans retain control of the Senate in November, told reporters Thursday that "now is not the time" to tap the state's savings account. (In its 17-year history, state officials have only had to raid it once.)
Instead, some senators want Kaine to consider cutting some of his priorities.
Stay tuned. The fight over the budget will likely become a major issue in the General Assembly session that starts in January.
By
Anita Kumar
|
September 20, 2007; 5:32 PM ET
Categories:
Anita Kumar
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General Assembly 2008
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About time this so-called moderate Governor cut taxes like his father-in-law!