Monday, February 28, 2011

Bill Bolling's statement on the GA session coming to a close

Contact: Ibbie Hedrick
Phone: 804-786-2078
Cell: 804-677-0009

-Bolling applauds passage of economic development, higher education and transportation initiatives-

RICHMOND – Lieutenant Governor Bill Bolling issued the following statement regarding the conclusion of the 2011 General Assembly session:

“The General Assembly adjourned today after passing several critically important legislative initiatives in the areas of economic development, higher education and transportation. I am pleased with the Administration’s successes during this year’s legislative session, and I am gratified by the broad, bipartisan support our agenda received from members of the General Assembly.

“I want to thank members of the General Assembly for approving our entire economic development legislative package known as the Opportunity At Work agenda. This new package of innovative economic development initiatives will allow us to aggressively build upon the successes of the past year and compete for new business in a wide range of industries including bio-sciences, information technology, tourism and small business. We will also be able to enhance our efforts to improve workforce training programs in Virginia and make significant investments in important community revitalization programs.

“I commend the members of the General Assembly for passing the Governor’s Higher Education Reform and Investment Act, which will improve curriculum, affordability and access for Virginia’s students at our colleges and universities and transform higher education into an economic catalyst for Virginia. This is the first step in an ongoing effort to reinvest in higher education and make certain that higher education remains available and affordable for the sons and daughters of Virginia.

“I applaud the members of the General Assembly for their support of the Governor’s transportation funding package, Get Virginia Moving. As a result of their support, Virginia will now be able to make the most substantial financial investment in roads and transit projects in twenty-five years, and we have done so without raising taxes. With construction prices falling and interest rates low, Virginia will benefit from the best opportunity in modern history to leverage funds for new transportation projects.

“Our state continues to face some ongoing financial challenges, but we are in much better condition today than we were one year ago. By reducing spending, redirecting resources to core functions and dedicating budget surpluses to one-time expenditures, we were able to craft a fiscally responsible state budget. What we have accomplished should stand as a vivid example to other states and our friends in Washington of what they need to do to restructure their budgets and restore financial responsibility at every level of government.

“The Governor and I laid out a bold agenda this year to reform government and expand economic opportunity and I’m pleased that our agenda received overwhelming approval.”

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