Wednesday, December 03, 2008,4:23 AM
The Sky Grows Darker
Would Governor Tim Kaine be foolish enough to raise taxes at a point in time when unemployment is on the rise, mortgage foreclosures have skyrocketed, and the economy has cratered?

Is he a Democrat?

Is the state of Virginia in heap big hurt?
Grim State Budget Forecast Ups Anxiety
By Michael Laris and Kristen Mack, Washington Post Staff Writers

Senate revenue projections show the state's fiscal picture darkening since October, when Gov. Timothy M. Kaine projected a $2.5 billion drop-off in revenue during the two years covered by the state budget. The Senate Finance Committee's staff now forecasts a $3.2 billion shortfall as the full effects of the recession are felt statewide.

Yesterday, Kaine (D) and his financial advisers discussed a projection closer to $2.8 billion, although that remains in flux. [link]
You say there's no way that Tim Kaine would raise taxes in the midst of a recession. That he's not that stupid.

Guess we'll soon see. He needs to do something, and Democrats don't have it in 'em to make the kinds of spending cuts that this deficit demands. Soooo.
 
posted by Jerry Fuhrman
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