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The results will be preliminary until the books close later this month, but revenue collections show strength across the Virginia economy as the COVID-19 pandemic ebbs - in company payrolls, investor gains, real estate and housing, and consumer buying, both online and increasingly in brick-and-mortar retail stores.

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The results will be preliminary until the books close later this month, but revenue collections show strength across the Virginia economy as the COVID-19 pandemic ebbs - in company payrolls, investor gains, real estate and housing, and consumer buying, both online and increasingly in brick-and-mortar retail stores.

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House Appropriations Chairman Luke Torian, D-Prince William, predicted a surplus between $1.5 billion and $2 billion on Wednesday, but Secretary of Finance Aubrey Layne quickly upped the ante to the top of the range, based on corporate income taxes received in the middle of this month.

Virginia is anticipating a half-billion-dollar budget surplus by the end of this month. A surplus happens when all the items in the state budget have been funded and there’s still money left over. There’s no reason why that extra half-billion dollar budget surplus should be spent on anything other than transportation.

Horizon Behavioral Health board members present at their meeting Thursday unanimously signed off on its fiscal year 2019 budget proposal.

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The United States has amassed its largest stockpile of cheese in the 100 years since regulators began keeping tabs, the result of booming domestic production of milk and consumers’ waning interest in the dairy beverage.

President Donald Trump's second annual budget proposal, issued Feb. 12, looked dramatically different from the budget he proposed last year. I…

While President Donald Trump threatens Beijing over its multibillion-dollar trade surplus with the United States, other exporters including Ge…

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