February 22, 2009: The Daily Press "Here's a plan that will really stimulate Virginia's economy"
Submitted by VHSR on February 22, 2009 - 3:00am.
Rail News
Without a doubt, the economy and the subsequent decrease in available revenues are the most pressing problems facing all levels of government. The recent report from Virginia's Department of Planning and Budget indicates that the already reduced state revenues of $3.2 billion over the past three years will be reduced again by as much as another 15 percent or approximately another $400 million to $500 million.
The federal government's "stimulus" plan will more than likely provide Virginia with the revenue to restore the hundreds of millions of dollars in Medicaid, public education and higher education reductions already proposed by Gov. Tim Kaine.
