Virginia Gov. Glenn Youngkin is flush with funds to fight the 'silent thief' of inflation

Virginia Gov. Glenn Youngkin is flush with funds to fight the 'silent thief' of inflation

Virginia Gov. Glenn Youngkin is flush with funds to fight the 'silent thief' of inflation The inflation challenge facing America’s governors has coincided with a somewhat opposite trend: state budgets that are flush following a period of better than expected tax revenues and ample coronavirus assistance from Washington, DC. Governor Glenn Youngkin (R-VA), one of many governors in that situation, says his budget forecast shows $15 billion more than expected — and that windfall can fight inflation, he said. The governor signed a budget this week with a mix of tax cuts and spending increases, and he highlighted those changes during a wide-ranging conversation with Yahoo Finance’s Andy Serwer Thursday. Those changes include $4 billion in tax relief and new spending on education, law enforcement, and behavioral health. “We have …
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