The state of Virginia, which already has had to cut $6 billion from the two-year budget ending June 30, 2010, may have to cut $250 million to $300 million, the House Appropriations Committee was told today.
Robert P. Vaughn, director of the committee, said revenue growth should resume in the 2010-2012 fiscal period.
Del. Lacey Putney, I-Bedford, said the committee would have to make significant tax reductions without a tax increase.
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