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Republican Party of Virginia Statement on Budget Agreement

Richmond, Virginia – August 28, 2023

On Friday, leaders in the General Assembly agreed to a budget deal that ends months of Democrat obstructionism.

This deal provides $1 billion in tax cuts along with targeted funding for public education – proving that Virginia can both cut taxes and invest in vital programs.

While this agreement does not represent the full scope of what Republicans had hoped to provide with our Commonwealth’s $5.1 billion surplus, it nonetheless shows that, even in divided government, the leadership of Governor Youngkin and Virginia Republicans can deliver real results for Virginia families.