From the Richmond Times-Dispatch: Kaine asks for 5% cuts [emphasis mine]:
Gov. Timothy M. Kaine is asking state agencies to cut their budgets by 5 percent to help deal with a tax income shortfall of $641 million for last year and this current fiscal year.
The Democratic governor told the assembly’s money committees today that a slowing economy has resulted in less cash than projected.
The fiscal year ending June 30 fell $234 million short of forecasts for tax income. This fiscal year, which runs from July 1 to June 30, 2008, is projected to have $407 million less than expected.
[…]
Kaine will also seek a 5 percent reduction in the governor’s office budget and will reduce grants to non-state agencies by the same amount this fiscal year.
[…]
He is also asking agencies to meet with their cabinet secretaries and the state Department of Planning and Budget to “explore ways” to cut their budgets by 5 percent.
A Democrat asking for budget cuts? If only the Republicans would do that…
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