McDonnell prepares to tout hefty surplus
The Associated Press’ Bob Lewis broke the news that Governor Bob McDonnell will announce on Thursday that the state has a surplus of more than $400 million. A surplus of almost a half a billion dollars after a difficult budget process that resulted in cuts of around $4 billion.
At this point McDonnell is staying mum on the issue, allowing the leak to do the talking and vested stakeholders to fill the void. NBC12’s Andy Jenks reported today about how some already making plans to spend the cash. You can see and read Andy’s report on NBC12.com.
It is shaping up to be a busy week for McDonnell. In addition to his address to the General Assembly money committees where he is expected to outline the surplus, the Governor will hold his third town hall to pitch his ABC privatization plan. Both events happen on Thursday. The town hall will be held in Chester and will be the first in Richmond area.
Today (Tuesday), McDonnell made his opposition to the Pentagon plan to close Joint Forces Command Norfolk official, by sending letters to President Barack Obama and Defense Secretary Robert Gates. McDonnell emphasized his belief that going outside the Base Realignment and Closure (BRAC) process was inappropriate. You can see my report on that issue on NBC12.com.
Finally, McDonnell reached out to the minority community by gathering together his Supplier Diversity Advisory Board. It is a commission designed to provide better access to government contracts for women and minority owned companies. (The above photo is from that meeting provided by the Governor’s office) You can learn more about the board on the Governor’s web site.
We have a number of interesting things planned to cover some of these issues this week on NBC12. Here is what you can expect:
*Complete coverage of the Governor’s address to the money committees, including what his administration’s plans are for the extra cash. We’ll have reports at 5 &6.
*On First at 4- We’ll have our second “hot-topic” round table discussion. The topic will be ABC privatization. We’ll have two experts discuss the issue with perspectives for and against. (A full preview of that segment tomorrow)
*Complete coverage of the “Virginia Speaks” Town Hall from Chester, where McDonnell meets with constituents to pitch his plan. We’ll have a report on 12 News at 11.
*On First at 4- Del. Kirk Cox (R-Colonial Heights), the Chairman of the House Appropriations committee and a key player in the State’s finances will be my live guest to discuss how the legislature will react to the Commonwealth’s new-found surplus.