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Governor Kaine Announces Revenue Reforecast, Plan to Address Shortfall

December 18, 2008 | Virginia News

News Image Shortfall for the biennium approximately $2.9 billion

Gov. Timothy M. Kaine yesterday presented a budget for the next two years that eliminates more than 1,500 jobs, doubles the cigarette tax, freezes state wages and makes deep cuts to education, health care and public safety.

Speaking to the General Assembly money committees in Richmond, Kaine also outlined a policy change to save money by reducing the prison population -- specifically, by not jailing people for minor technical violations of parole, and by allowing inmates convicted of nonviolent crimes to be released up to 90 days early.

Richmond Times-Dispatch Article (External Link)
Governor's Press Release (External Link)