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nor, is charged with developing strategies for economic development.
Originally worded to designate Beyer as the chairman, the creating legislation was amended to make Beyer a member of the commission. The committee members are likely to elect Beyer as their chairman, a position that could serv e to spotlight the holder of the state’s second highest office, often seen as a stepping stone to the governor’s office.
Virginia is currently grappling with a $2.2 billion budget shortfall. State revenues, which had been expected to grow by about six percent from the last biennum to the current biennium, grew by only three-tenths of a percent, the smallest increase since the Great Depression, Beyer said.
See BEYER, p. 3
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