Gov. Glenn Youngkin, now three years into his term, said Virginia has turned around economically and is competitive with other mostly red states in the region.
Virginia Gov. Glenn Youngkin took a public victory lap this week, claiming credit for managing the Old Dominion’s budget into a $1 billion surplus. In his annual Joint Money Committee Address before the Commonwealth’s relevant legislative committees, Youngkin, a Republican, laid out how in recent years, most of the surrounding states’ growth had become attractive to longtime Virginians.
About $90 million of the surplus will also go toward a Virginia military survivors and dependents fund. However, the governor warned against profligately spending the new windfall, saying that what befell Virginia in the past 'will happen again.'
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