Tue Nov 25 19:23:28 PST 2014
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Governor Discusses State's Economic Outlook
News Staff

November 25, 2014 Governor Terry McAuliffe says, Virginia's economy is in a "very perilous" situation with potential federal defense cuts looming. McAuliffe says he's open to considering eliminating tax relief programs in order to balance the state budget. He and state lawmakers met with heads of several large companies Monday to discuss the state's economic outlook. The governor is set to introduce a spending plan to bridge a 322-million dollar budget gap in December.

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