THE WRIGHT REPORT
This week the House of Delegates has been working to set Virginia’s budget for the next two years. The budget-setting process is a rather long one and begins when the Governor introduces his own budget plan in December to both the House and Senate. After that, either chamber can amend the budget as they see fit, then both bodies negotiate a final budget in a “conference committee.”
We have just finished debating amendments to the Governor’s budget and passed the House’s version that will go to a conference committee.
However, this was not without disagreement over spending, taxes, and other policies. Democrats introduced a number of amendments that will lead to significant tax increases, excessive regulatory powers for state agencies, and a spending rate that simply is not sustainable if our current economic boom begins to slow.
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