Virginia Lawmakers Pass Budget with Tax Cuts, School Funding, and Pay Raises
The Virginia General Assembly passed a budget compromise that includes tax breaks and spending increases, satisfying both Republicans and Democrats. Governor Glenn Youngkin's push for $1 billion in tax cuts was met with resistance from Democrats who preferred increased spending on education, pay raises, and mental health services. The compromise includes one-time taxpayer rebates, an increase in the standard deduction, restoration of the back-to-school sales tax holiday, and higher spending on education and mental health. The budget deal also safeguards abortion services and funds gun violence prevention. Youngkin has seven days to make any amendments before the House and Senate consider them.
