RICHMOND, Va. (AP) – Outgoing Virginia Gov. Terry McAuliffe has presented a budget to state lawmakers that would expand Medicaid, pad the state’s rainy day fund and give state workers a 2 percent raise.
McAuliffe addressed the House and Senate finance committees Monday morning to unveil a two-year spending proposal.
Citing uncertainty at the federal level, McAuliffe said the state should put “every available dime” into its rainy day fund.
The plan assumes $421.7 million in savings from Medicaid expansion, which Republican lawmakers have opposed every year of McAuliffe’s term.
The proposal also includes $516 million in additional funding for public education, including money to fund a full-time principal position at every elementary school.
Republican legislative leaders say they will review the proposal and work to develop a balanced budget.
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