Richmond, VA – According to the state officials, the proposed package eliminates all tax decreases and increases, includes a $21.3Bn record investment for K-12 education, and provides $3.2 billion in new spending on health and human resources.
- The Common Ground Budget preserves the vast majority of spending priorities passed by the General Assembly. Common Ground budget amendments restore only $230 million to Governor Priorities.
- The budget passed by the General Assembly featured 727 amendments that eliminated over $1 billion of the Governor’s priority spending items in the introduced budget; together the 242 amendments in the Common Ground Budget restore only $230 million of those priorities and preserve key spending priorities of the General Assembly.
- The $64 billion Common Ground Budget eliminates all proposed tax increases, invests a record $21.3 billion in K-12 education, caps tuition increases at 3%, includes 3% pay raises for teachers and state employees in each year, and increases investments in health and human resources by $3.2 billion over the biennium.
- It’s time to find common ground for the Commonwealth.
