Wednesday, August 1, 2012

VP Watch: Bob McDonnell Press Conference announcing Virginia's $129.2 Million Revenue Surplus for the fiscal year 2012 (Full Video 07-30-12)

Virginia Gov. Bob McDonnell is touting his state's ability to do something many other governments could not -- end the year with a surplus, for three years running.

In times of budget strain and pain, the state's record begs a question. What's Virginia doing right?

McDonnell cited several keys to Virginia’s financial success during years of tough economic times, including a focus on economic development and job creation. “That is what’s driving the economic surplus,” he said.

[...]

The rosy budget news, meanwhile, has allowed McDonnell to raise his stature as a potential vice presidential contender on the Mitt Romney ticket. While touting the state's finances this week, the governor rapped President Obama and Congress for their fiscal shortcomings.
The full story is HERE and the video below:



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