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Virginia Budget Crisis Looms
Description
Virginia faces a looming government shutdown unless lawmakers resolve their budget impasse by June thirtieth, with the key dispute centered on tax breaks for data centers. The House wants to keep the breaks intact, while the Senate seeks to end them — but a compromise may be emerging: maintain the tax breaks if data centers pay an extra fee based on electricity use. A special session was canceled, sparking blame from some lawmakers, including Del. Tim Griffin, who argues the focus should be on broader fiscal responsibility. Del. Sam Rasoul says progress is being made. With Virginia operating on a cash basis and no borrowing allowed, delays could shutter critical services. Senators return to Richmond Monday, and delegates will get 48 hours’ notice to vote on any final deal.
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