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Virginia's governor says he's writing a budget for 2011 and 2012, and warns that despite several rounds of cuts already, everything remains on the table.
In the last round of budget cuts, Governor Tim Kaine eliminated nearly a thousand jobs and cut aid to colleges and universities by 15%. He said the main reason K-12 education wasn't cut was because of Stimulus money, "and at some point those stimulus dollars will go away, and we've gotta be prepared then to make the decisions then that we need to."
The governor said nothing in state government would be "immune" from cuts, and predicted local county budgets would be distressed well into the future because their revenue sources - real estate taxes for example - are slower to rebound.
Sabri Ben-Achour reports...
China Builds Museums ... But Will The Visitors Come?
China is on a spree to build world-class museums and has opened about 100 of them annually in recent years. Two of the biggest opened on the same day last fall on opposite banks of Shanghai's Huangpu River. But filling these museums — with both art and visitors — is proving more challenging.Nutrition Group Says Chocolate Milk Is OK, No Need For Aspartame
The nation's largest group of nutritionists is urging the FDA to reject the dairy industry's petition to change the definition of milk. The petition aims to allow aspartame or other alternatives to be used to sweeten milk in an effort to boost consumption in schools.IRS Official In Charge Of Nonprofits Declines To Testify
Lois Lerner, who heads the IRS division dealing with nonprofits seeking tax-exempt status, will not testify on Wednesday despite a congressional subpoena, her attorney says. She is accused of closely scrutinizing conservative groups that sought tax-exempt status.Microsoft Reveals New Xbox One Game System
Microsoft unveiled its new Xbox One Tuesday, displaying a device that takes new steps in game consoles' journey into becoming all-purpose entertainment and communication devices. The new console replaces the Xbox 360, which has been on the market for more than seven years.Leave a Comment
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