General Assembly haggles over budget

By Gene Petriello - bio | email
Posted by Shawn Maclauchlan

RICHMOND, VA (WWBT) - Time is winding down for state leaders to come up with a state budget before the legislative session ends this weekend.

The session is scheduled for adjournment on Saturday, but some disagreements over some big cuts are causing controversy among lawmakers.

The goal is to come up with a budget through 2012 that is more than $4 billion short of projected revenues. That is a big drop in money for the state - and that mean cuts are necessary to balance the budget.

Right now, schools in the state stand to lose millions of dollars in state funding, and state workers may be staring at furlough days.

Those issues - and others - kept about a dozen lawmakers busy until 10 p.m. on Thursday night.

And it's back to the drawing board Friday morning... just hours before an agreement is needed.

If an agreement is not reached by noon Friday, lawmakers could end up going into overtime for the fifth time in 10 years.

Copyright 2010 WWBT NBC12. All rights reserved.