| FOR IMMEDIATE RELEASE - PR 08/19/09 |
| Bill Cleaveland’s Statement on Virginia’s Budget Shortfall |
“The financial situation facing the Commonwealth poses unprecedented challenges to Yesterday, a press report stated my opponent believed the budget shortfall is “in the very least $700 million.” Today, the Governor adjusted the official figure to a half a BILLION dollars more than my opponent’s projection. Underestimating economic difficulties and simply hoping for the best are the origins of the current shortfall. I will work to restore fiscal responsibility to state government. Government cannot continue to expand when families and businesses are forced to tighten their own belts. Government cannot continue to increase spending at an astounding rate when we are worried about keeping the job we have or finding another job to replace the one we just lost. Virginians deserve leadership that will produce realistic budgets based on realistic projections not wish lists based on misplaced optimism. We need to grow our economy, not add to the tax burden. The Democratic Party’s repeated calls to increase taxes show they are out of steam and out of ideas. I look forward to working with Bob McDonnell to pursue policies that will grow our economy, not place limits on it. The tough choices that
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