A Budget Built on the Backs of the Vulnerable
January 5, 2012
News coverage this week continues to illustrate Governor McDonnell's fiscally irresponsible budget approach of large cuts to services with no new sources of revenue. The News & Advance reports that McDonnell's decision to not adjust funding for low income Medicaid patients will cost our hospitals over $400 million. Meanwhile, the Richmond Times-Dispatch reports McDonnell would rather spend the money on more tax cuts and credits--and pet projects like $4 million on improving a rocket launching site. The House and Senate "money committees" will convene today and tomorrow to hold hearings on McDonnell's proposed budget.
Progressive Point: Cutting public education and health services for the poor in order to increase tax giveaways and loopholes hurts Virginia--but that's exactly what Pass the Buck Bob's budget does.
McDonnell has chosen to cut $800 million from Medicaid to avoid reforming tax loopholes and giveaways. Prioritizing tax giveaways for the wealthy over education, health care, and social services hurts vulnerable families who have been struggling through this recession. Virginia must prioritize smart investments in our future to get our economy back on track and prepare our children to compete in the growing global economy.
Our representatives must stand up against Bob McDonnell's choice to put tax cuts, credits, and corporations above our children, teachers, and most vulnerable.
Get the Facts:
- Governor McDonnell's budget chooses not to adjust funding for Virginia's low-income Medicaid patients for inflation - which will result in "more than $400 million of inflation-cost increases in Virginia hospitals will not be reimbursed by the state government." (The News & Advance, January 4, 2012)
- The targets of McDonnell's budget cuts include Pre-K programs, Medicaid, indigent care, and long-term care. McDonnell's budget does not include proposals to close the tax loopholes and giveaways that riddle Virginia's tax code. (Associated Press/Washington Post, December 19, 2011)
- McDonnell is poaching money from Virginia's fishermen by taking $200,000 from a state-run Hampton Roads fishing tournament, which is self-funded through fishing license sales, so that he can spend the money on his on projects. (Richmond Times-Dispatch, January 5, 2012)