The House of Virginia, Senate adopt competing budget plans

The Republican-controlled House of Virginia and the Democrat-controlled Senate have signed their own versions of the two-year state budget.

The Republican-controlled House of Virginia and the Democrat-controlled Senate have signed their own versions of the two-year state budget.

The versions of the legislation adopted on Thursday have some similarities, including increases for state employees and contributions to state reserves and the pension system.

But as for tax policy, the difference is about $ 3 billion, leading to different allocations for some government services and initiatives.

The budget process is still in its infancy. Lawmakers will need to find a compromise between the two versions before it goes to Governor Glen Yangkin, who will have the opportunity to seek amendments.

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