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Youngkin praises Virginia’s economy, dismissing Democrats’ concerns over Medicaid and job cuts
Governor Youngkin cites a $572 million surplus and 250,000 open jobs while assuring Medicaid coverage remains intact despite federal policy changes, amid Democratic skepticism.
- Gov. Glenn Youngkin outlined a $572 million surplus and a $2 billion rainy-day fund during a presentation to Virginia Senate and House appropriations committees Thursday morning.
- The reconciliation bill passed last month includes new Medicaid work requirements for able-bodied adults, starting in 2027, Democratic lawmakers pushed back citing looming requirements.
- Virginia’s unemployment rate ticked up to 3.5% in June, with sector job losses including 3,500 in professional and business services.
- Youngkin emphasized that no Virginian will lose Medicaid coverage, and Cummings said hospitals can absorb federal Medicaid cuts, reaffirming coverage will remain intact.
- Youngkin said his December budget proposal will address Medicaid and SNAP cuts, with eligibility redeterminations increasing to every six months starting January 1, 2027.
16 Articles
16 Articles
Youngkin paints a rosy picture of the state’s financial status, but uncertainty regarding federal programs remains
Republican Gov. Glenn Youngkin painted a rosy picture of the state’s financial status during his annual address to the General Assembly’s joint money committee on Thursday, but factors regarding Virginia’s fiscal health remain unknown as federal reductions continue. “Virginia is as financially strong as she has ever been,” Youngkin told the House and Senate Appropriations committees Thursday morning. He added that the state “overperformed” fin…
Associated Press News
Youngkin praises Virginia's economy, dismissing Democrats' concerns over Medicaid and job cuts
Virginia Republican Gov. Glenn Youngkin says Virginia’s economy is thriving after ending its fiscal year with high revenues.
Youngkin touts Va.’s $4.7 billion cash cushion, downplays Medicaid, federal workforce changes
Gov. Glenn Youngkin addresses the Virginia General Assembly in January 2025. (Photo by Charlotte Rene Woods/Virginia Mercury)At a joint meeting of the Virginia Senate and House appropriations committees Thursday morning, Gov. Glenn Youngkin presented his final overview of the fiscal condition of the state of Virginia. He painted a rosy picture, with revenues coming out over forecast for fiscal year 2025 and a $4.7 billion cushion in rainy day fu…
Youngkin Says ‘No Virginians Losing Medicaid’ as Lawmakers Warn of Coverage Risks
At a joint meeting of the Virginia Senate and House appropriations committees Thursday morning, Gov. Glenn Youngkin presented his final overview of the fiscal condition of the state of Virginia. He painted a rosy picture, with revenues coming out over forecast for fiscal year 2025 and a $4.7 billion cushion in rainy day funds. Continue reading Youngkin Says ‘No Virginians Losing Medicaid’ as Lawmakers Warn of Coverage Risks at Royal Examiner.
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