The Republican candidates for Virginia governor and lieutenant governor proposed Monday to overhaul the state’s budget making by tying agency spending to performance, expanding “rainy day” reserves and enacting a series of audits, among other measures.
The package of reforms “shows our commitment to restoring fiscal integrity to the budget process,” Lt. Gov. Bill Bolling, who is seeking re-election, told reporters in a conference call with Republican gubernatorial nominee Bob McDonnell.
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