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Virginia Governor Youngkin Strikes Budget Deal with Lawmakers

The agreement includes raises for state employees and teachers without increasing taxes, set for approval in a special session.

  • The newly negotiated $188 billion budget avoids tax hikes while ensuring 3% raises for teachers and state employees.
  • Funding provisions also include support for higher education, mental health services, and Medicaid without expanding sales tax to digital services.
  • The deal excludes controversial proposals such as rejoining the Regional Greenhouse Gas Initiative and legalizing electronic skill games.
  • Lawmakers are set to review the compromise next Monday, with Democrats holding a narrow majority in both legislative chambers.
  • The budget negotiation was crucial to prevent a potential financial shutdown in Virginia, marking a significant compromise on fiscal policies.
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