US EditionYoungkin praises Virginia’s economy, dismissing Democrats’ concerns over Medicaid and job cuts
Virginia reports a $572 million revenue surplus and $4.7 billion rainy-day fund as officials address Medicaid coverage amid upcoming federal work requirements starting in 2027.
- On Thursday, Governor Glenn Youngkin presented a positive economic outlook for Virginia at a joint meeting of the state's Senate and House appropriations committees in Richmond.
- Youngkin highlighted strong fiscal performance, including a $572 million surplus last fiscal year and a $4.7 billion rainy-day fund, despite Democrats disputing the rosy characterization amid federal budget concerns.
- He repeatedly assured that no Virginians would lose Medicaid coverage despite federal cuts and announced executive orders to reduce SNAP benefit errors, addressing budget adjustments ahead of his final December budget proposal.
- Youngkin emphasized that no Virginians will lose their Medicaid coverage, while Secretary of Finance Cummings acknowledged that hospitals may face financial pressures but are capable of managing them; additionally, efforts to lower the SNAP error rate are underway to prevent potential state expenses.
- Despite 11,200 Virginians losing jobs this year and a 3.5% unemployment rate in June, Youngkin cited 250,000 open state jobs as opportunities, indicating fiscal strength yet acknowledging ongoing economic and policy challenges.
13 Articles
13 Articles
Associated Press News
Youngkin praises Virginia's economy, dismissing Democrats' concerns over Medicaid and job cuts
Virginia Republican Gov. Glenn Youngkin says Virginia’s economy is thriving after ending its fiscal year with high revenues.
Youngkin touts Va.’s $4.7 billion cash cushion, downplays Medicaid, federal workforce changes
Gov. Glenn Youngkin addresses the Virginia General Assembly in January 2025. (Photo by Charlotte Rene Woods/Virginia Mercury)At a joint meeting of the Virginia Senate and House appropriations committees Thursday morning, Gov. Glenn Youngkin presented his final overview of the fiscal condition of the state of Virginia. He painted a rosy picture, with revenues coming out over forecast for fiscal year 2025 and a $4.7 billion cushion in rainy day fu…
Youngkin Says ‘No Virginians Losing Medicaid’ as Lawmakers Warn of Coverage Risks
At a joint meeting of the Virginia Senate and House appropriations committees Thursday morning, Gov. Glenn Youngkin presented his final overview of the fiscal condition of the state of Virginia. He painted a rosy picture, with revenues coming out over forecast for fiscal year 2025 and a $4.7 billion cushion in rainy day funds. Continue reading Youngkin Says ‘No Virginians Losing Medicaid’ as Lawmakers Warn of Coverage Risks at Royal Examiner.
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
