Home » Youngkin signs Virginia budget with $900 million in cuts, fewer amendments passed

Youngkin signs Virginia budget with $900 million in cuts, fewer amendments passed

Youngkin signs Virginia budget with $900 million in cuts, fewer amendments passed

RICHMOND,Va.(WSET)—GovernorGlennYoungkinhassignedthestatebudget,implementingnearly$900millionincuts,amovethatcameafterlawmakersapprovedonly30ofhisapproximately200proposedamendments. YoungkinsaidthebudgetreductionsaimtomaintainVirginia’seconomicprosperity. Thegovernor’svetoesincludedfundingforcapitalprojectsinhighereducation,operationalspendingsuchaselectricutilityregulation,andinitiativesrelatedtocommerce,trade,andnaturalandhistoricresources. SEEALSO:YoungkintrimsVirginiabudgetby$900millionamideconomicuncertainty RepublicanDelegateWendellWalkerexpressedsupportforthebudgetcuts,emphasizingtheimportanceoffinancialstability. “ItdependsalotonthefederalfundingthatcomesoutofWashington,andwewanttomakesurethatwestaystrongandsolidhereintheCommonwealth,aswellasmakingitapriorityreturningtaxpayers’moneybacktothem,”Walkersaid. DelegateLukeTorian,chairmanoftheHouseAppropriationsCommittee,highl