McDonnell Touts Virginia's Budget Surplus | WAMU 88.5 - American University Radio

WAMU 88.5 : News

Filed Under:

McDonnell Touts Virginia's Budget Surplus

Play associated audio

Virginia's Gov. Bob McDonnell is touting a budget surplus of more than $448 million for the last fiscal year, but Democrats are saying the savings come at the cost of education and other services.

Most of the money is already spoken for. McDonnell explained state employees will receive a one-time, 3 percent bonus made possible by agency efficiencies, and $78.3 million will go into the rainy day fund.

"This is the highest balance we've had in the rainy day fund since 2008, and the fifth highest rainy day fund balance on record," he says.

Another $132 million will be returned to higher education. But Democratic Sen. Dick Saslaw questions how much of a surplus there really is, especially since colleges and universities saved the $132 million due to cost-cutting measures imposed upon them.

Saslaw and other Democrats argue that only $41.8 million is discretionary revenue, which does not cover the costs of previously raiding the state pension fund or paying for transportation and education.

NPR

Speed Dating For Seniors Who Aren't Interested In Slowing Down

A new film follows daters ages 70 to 90 looking for love in five-minute intervals. "Speed dating for seniors" may sound funny, but The Age of Love is really about our lifelong need for intimacy.
NPR

Eat Your Veggies! Even The Ones From Fukushima

Foods from Fukushima, Japan, are back to pre-accident levels of radiation but people still aren't eating them. One way to ease concerns: a chemical that blocks radioactive cesium from entering plants.
NPR

'Zionist Union' Party Creates A Stir In Israeli Elections

The opposition to Benjamin Netanyahu's Likud Party in the Israeli elections calls itself the "Zionist Union" as it looks to claim the country's middle-ground voters.
NPR

'Respect The Robot': Giant Robots Oversee Traffic In Kinshasa

Two giant robots have directed traffic in the capital of the Democratic Republic of Congo since 2013. This week three others joined them.

Leave a Comment

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