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.