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By: Olympia Meola
Published: August 24, 2010 8:27 AM
“Good, solid fiscal management” helped Virginia sock away $403.2 million in unspent cash—and the $2.5 billion in stimulus funding helped to plug a few holes as well, Gov. Bob McDonnell said on Fox and Friends this morning.
In a brief appearance from Richmond, McDonnell said the state’s unspent balance “shows that the economy, at least in Virginia, is starting to grow again, but it’s mainly through spending cuts, that’s how we did it.” Most of that money is already spoken for, he noted.
Asked to respond to Democrats giving credit to the $2.5 billion in stimulus money that Virginia received, McDonnell said “a little short term help from Washington has certainly reduced some of the cuts.”
“I think in the short run most governors would say that some of the money that came in the last couple of years into the budget certainly plugged a few holes but long term that’s not going to be the solution because what you do is you build those requirements into your base operating budget, which creates more demands in the future.”
When you take the stimulus money, you subject your citizens to slavery to the government and justify their putting our children and grandchildren in debt. How could you do that?
Aug. 24, 2010 at 01:00 PM
Deal of the Day
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