: News

Sources Say Virginia Final 2010 Budget Surplus Nearly $404 Million

Play associated audio

By Meymo Lyons

Aides to Gov. Bob McDonnell say the state's final 2010 budget surplus will be nearly $404 million, nearly double the previous estimate.

McDonnell planned to make the announcement Thursday to the General Assembly's money committees...but senior advisors not authorized to pre-empt the governor's speech, and speaking on the condition of anonymity say- Final general tax collections will total about $230 million. The remainder comes from unspent balances.

The governor's spokesman, J. Tucker Martin, refused a request for comment.

The windfall continues a dizzying and unlikely fiscal turnaround for a state whose general operating fund in January faced a $1.8 billion shortfall.

Legislative Democrats credit former VA governor (and now DNC chairman) Tim Kaine and maintain the surplus should never have been surprising.

For months after he succeeded Democrat Tim Kaine in January, Democrats have complained McDonnell downplayed estimated revenues, creating the perception of a rebound under the GOP's watch.

NPR

Texas Bookseller Picks 3 Summer Reads

Julia Green of Front Street Books recommends Moonlight on Linoleum by Terry Helwig, City of Women by David R. Gillham and The Evolution of Calpurnia Tate by Jacqueline Kelly.
NPR

He Used To Live On The Streets Of Mumbai. Now, His Cafe Welcomes Everyone

Amin Sheikh's new cafe is a rarity in class-stratified India: It's open to people from all walks of life. Sheikh is a former street child, and so are many of his employees.
NPR

For Many Black Voters, Trump's 'What Do You Have To Lose?' Plea Isn't Enough

Donald Trump promises to help bring jobs and security to black neighborhoods. But his poll numbers with African-Americans are in the low single digits, and many say his message is insulting.
WAMU 88.5

A Cyber-Psychologist Explains How Human Behavior Changes Online

Dr. Mary Aiken, a pioneering cyber-psychologist, work inspired the CBS television series "CSI: Cyber". She explains how going online changes our behavior in small and dramatic ways, and what that means for how we think about our relationship with technology.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.