McDonnell to Present Amended Budget to Lawmakers

Session Wrapup
AP

Gov. Bob McDonnell presents his proposed amendments to the state's $80-billion two-year budget in Richmond on Monday morning.

The governor is expected to include funding for initiatives already announced, including $58 million for teacher pay raises tied to tighter job performance standards.

It's also expected to be a cautious and conservative budget based on concerns he's voiced about the looming federal "fiscal cliff" and bad economic consequences for Virginia if it happens.

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The governor's appearance before House and Senate budget writing committees at 9:30 starts a contentious three-month process during which the state's revenue projections and spending blueprint are revised.

The General Assembly reconvenes Jan. 9.

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