Friday, January 13, 2017
U.S. Senator Tim Kaine
WASHINGTON, D.C. – U.S. Senator Tim Kaine, a member of the Senate Armed Services and Foreign Relations Committees, released the following statement on the nominations of General James Mattis to be Secretary of Defense and Rex Tillerson to be Secretary of State after participating in their confirmation hearings this week:
“I will support the nomination of General James Mattis to be Secretary of Defense. In his testimony before the Senate Armed Services Committee yesterday, he demonstrated a clear-eyed view of our current national security environment and a deep appreciation for the challenges facing U.S. servicemembers and their families. I believe he is well-prepar
In a press release Monday Governor Bob McDonnell announced that General fund revenue collections declined by only 0.2 percent in May, far outpacing the budget forecast of a 2.3% decline.
McDonnell invisioned a revenue surplus with an added $1.37 billion of revenue for the month of June. Sales and use tax collections increased by 6.5% in May, after rising by 7.3% in April.
McDonnell said he was heartened by the back to back months of increases in collections of sales and use taxes. There is much work to be done, and many more positive reports will be needed, before we can truly say we have turned the corner on one of the worst economic downturns in our nation’s history.
If June’s general fund revenue collections are equal to the numbers from a year ago, the Commonwealth will post its first revenue surplus since June 30, 2008. McDonnell said, “We came together across party lines to make the hard choices necessary to close an historic budget shortfall without a tax increase. Our fiscal responsibility is positioning Virginia for economic growth and job creation in the years ahead.”
Posted By Valerie Garner
Categories: Finance, Politics, State Politics
Tags: budget, governor