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Old
Dominion
: Politics
comes to handing out bad news. The hardest part of his job in the forseeable future will be working with the General Assembly to keep the state’s fiscal house in order now that the boom times have at least temporarily disappeared.
It’s not that Virginia Has suddenly gone belly-up, as one might think from scanning some recent screaming headlines. In fact, compared with many other states the Commonwealth is still remarkably solvent. After all, it will be able to spend $1.4 billion more in general funds in the 1990-92 biennium than the current one.
93.5%