Virginia’s general fund revenues for fiscal year 2024 were $1.2 billion more than what had been forecasted. From Cardinal News. By Joe McNamara. Last week, Virginia reported that general fund revenues exceeded forecasted revenues by $1.2 billion in FY2024. It is not unusual for actual revenues to exceed forecasted revenues in the commonwealth. In the last four […]
The fundamental reality is that Virginia doesnnot need to augment our current tax stream in order to properly fund our schools, law enforcement, mental health and the myriad of government needs that our citizens rely on. From Cardinal News. By Joe McNamara. There has been significant posturing relative to the adoption of a two-year budget […]
Republicans wanted permanent tax reductions, Democrats did not. Also, K-12 general fund education budget has increased nearly 30% in the past two years. From Cardinal News. By Joe McNamara. Virginia has a budget, or more accurately, has finally amended the two-year budget that was adopted 14 months ago. Kudos to the budget conferees, many of whom […]
Gov. Glenn Youngkin should call a special session of the General Assembly to ask for tax cuts. From Cardinal News. By Joe McNamara. It doesn’t take an economist to know that inflation is still causing pain for Virginia families: a trip to the grocery store is more than sufficient. But some numbers demand discussion. Recently, […]
The House passed the bills to lower the top income tax rate and business taxes. Meanwhile, a Senate panel approved a bill by state Sen. David Suetterlein to prevent political leaders from manipulating the timing of special elections. From Cardinal News. By Markus Schmidt. January 24, 2023 RICHMOND – The House of Delegates on Tuesday passed […]
How Democrat Sam Rasoul and Republican Joe McNamara are teaming up. by Dwayne Yancey. February 21, 2022 When the Senate Finance Committee held its retreat in Roanoke last November, the conference room at the Hotel Roanoke was jammed with people who wanted to watch. It seemed as if every lobbyist in Richmond had decamped to Roanoke […]
by Dwayne Yancey February 18, 2022 A half century or so ago, the thing that Del. Joe McNamara is trying to do was considered dangerously radical, the platform of a wild-eyed liberal. Now it’s considered an article of faith among many conservatives. Funny how things change, isn’t it? The Roanoke County Republican – a mild-mannered […]
Delegate Joe McNamara (R-Roanoke), working alongside Delegate Todd Gilbert (R-Shenandoah) and Senator Steve Newman (R-Bedford), reached a bipartisan compromise on tax conformity during the 2021 General Assembly session. This will deliver up to $221 million in tax relief for individuals and businesses in the 8th District and across the Commonwealth — despite a Democrat-controlled legislature […]
ROANOKE, Va. – Gov. Ralph Northam signed the “Remote Learning” bill this week, which allows unscheduled remote learning during inclement weather and emergency situations that prevent in-person learning. Delegate Joe McNamara, who represents parts of the Roanoke and New River valleys, introduced the bill to the House of Delegates, and state Sen. David Suetterlein, who […]