Updated: McDonnell Takes Swipe at Kaine
Republican Bob McDonnell used the announcement of his jobs plan Thursday to attack the man he wants to replace.
McDonnell complained that Gov. Tim Kaine (D) has not used all the money available to him through the governor's opportunity fund to help attract new businesses to the state. He said the account has a balance of $11 million. "If I was governor, I would be dispersing that money immediately,'' he said.
The plan, unveiled by McDonnell and Lt. Gov. Bill Bolling, calls for doubling the fund and broadening rules to allow companies that generate additional state and local tax revenue to qualify.
"The governor's opportunity fund can be a powerful weapon in the fight to attract new employers to the commonwealth. And fight is the right word,'' McDonnell said. "We are competing against every other state, and increasingly many other nations, for the private companies that bring with them high paying jobs and much needed tax revenue."
McDonnell's opponent Creigh Deeds is running as the heir apparent to the past two Democratic governors, Kaine and U.S. Mark R. Warner. Deeds was the sponsor of the original bill in 1996 to create the fund, while McDonnell voted at times to trim money from the fund.
Kaine spokeswoman Lynda Tran said the fund has been "consistently used in a prudent and results-oriented way" and that money is not distributed until the businesses who've made agreements with the state deliver on their commitments so it may appear money is unallocated when it actually isn't.
McDonnell and Bolling, who is running for re-election, unveiled a four-point plan that also calls for Bolling to serve as the satte's chief job creation officer, designating a deputy secretary of commerce to focus soley on rural economic development and providing a $1,000 tax credit per job to businesses that create 50 new jobs, or 25 new jobs in economically distressed areas.
"The most important issue currently facing Virginia is the need to get our economy moving again and create jobs for Virginia's families,'' Bolling said. "We have to do everything we can to get laid off Virginians back to work.
July 9, 2009; 12:25 PM ET
Categories: 2009 Governor's Race , Anita Kumar , Bill Bolling , Creigh Deeds , Robert F. McDonnell , Timothy M. Kaine
Save & Share: Previous: Kaine Devoting 30 Percent of Work Week to DNC
Next: Hugo Calls on Kaine to Resign
Posted by: OldVirginian | July 9, 2009 1:21 PM | Report abuse
Posted by: ChrisD4 | July 9, 2009 1:36 PM | Report abuse
Posted by: loewsing | July 9, 2009 3:36 PM | Report abuse
Posted by: liveride | July 10, 2009 4:41 PM | Report abuse
The comments to this entry are closed.