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Moran Unveils Economic Recovery Plan

Anita Kumar

Democratic gubernatorial candidate Brian Moran announced today an economic stimulus and recovery plan that will focus on growing small businesses and creating local jobs by cutting taxes, tying the minimum wage to inflation and appointing a watchdog over federal stimulus money.

Moran made the announcement at a barber shop in Richmond as part of his economic recovery tour that began Friday in Charlottesville and included stops in Hampton Roads and Northern Virginia.

"People are struggling today, and they need us to take real action to fix our economy," Moran said. "We're going to grow this economy from the bottom up, not the top down. It's time we started investing in Main Street, not just Wall Street, and help our small businesses create jobs."

Moran's plan includes creating a small business job creation tax credit, eliminating the corporate income tax for small businesses, assembling an economic strike force to focus on recruiting businesses to Virginia's hardest hit communities and appointing a watchdog to coordinate the federal dollars flowing into Virginia.

By Anita Kumar  |  March 26, 2009; 2:59 PM ET
Categories:  2009 Governor's Race , Anita Kumar , Brian J. Moran , Election 2009  
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