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Economics

Virginia Knows How to Balance Its Budget

Some while back, I sat down with Stephen Fehr at PEW research to discuss Virginia being the Best Managed State two years in a row under my administration and the resulting Rainy Day Fund.

Today, I received a copy of Fehr’s article, entitled, “Virginia Knows How to Balance Its Budget“, which appeared in Trust Magazine.

It was truly one of my proudest accomplishments as Governor to have built a solid foundation upon which Virginia could thrive. As I told Fehr, “I was raised that you don’t borrow money from anyone, you don’t loan money to anyone, and you don’t spend what you don’t have,” and that principle guided how I navigated the fiscal challenges I encountered as Governor.

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