Democrats expressed skepticism over Youngkin’s desire to find common ground in budget talks given how active the governor has been in vetoing their priorities. Republican Governor Glenn Youngkin extended a budgetary olive branch to Democrats in the General Assembly...
The actions announced last week will promote fairer rental markets, boost the supply of affordable housing and manufactured homes, and help families who are struggling to make ends meet.
More than 45 million Americans who are charged late fees on credit cards each year will save an average of $220 annually under the new rule.
If Gov. Youngkin signs the bill, sale of the drug would begin on May 1, 2025, and the products would be taxed at a rate of up to 11.6%—with 8% going to the state, 2.5% going to a local option tax, and 1.1% to K-12 education.
Grocery prices have risen by more than 20% since the beginning of the pandemic and in Virginia, grocery prices rose 3.6% from Nov. 2022 to Nov. 2023. In response, President Biden is demanding grocery chains and food brands lower their prices and stop ripping families off.
Using funds provided by the Inflation Reduction Act, the IRS has already collected more than $520 million from 1,600 millionaires who had unpaid tax bills of more than $250,000. The IRS could collect as much as $851 billion in additional tax revenue over the next decade.
The average family of four spends $3,200 per year on junk fees, according to a survey conducted by Consumer Reports.
Senate Bill 373 and House Bill 737 would adopt the model used for unemployment insurance to cover the cost of up to 12 weeks of paid leave in a year. This time could be used to adjust to caring for a new child, to care for a sick family member, or to deal with a personal health condition.
As the bill itself states, this legislation would “provide a more generous paid sick leave policy” to many of Virginia’s most vulnerable workers, and that’s why state Democrats are advocating for it.
The change could potentially eliminate billions of dollars in fee revenue for the nation’s biggest banks, which were gearing up for a battle even before Wednesday's announcement. Exactly how much revenue depends on which version of the new regulation is adopted.
