And the money pile just keeps getting bigger

Not to rain on any rainy day fund parade, but isn’t it just a little bit curious for Virginia to suddenly “find” all this extra money?

In December 2009, then governor, Democrat Tim Kaine, announced a “multibillion-dollar state revenue hole” that demanded speedy plugging. Just six months later, in mid-July, Republican Gov. Bob McDonnell said preliminary figures were showing the Commonwealth had actually found a $220 million surplus. And about a month after that, this fiscal 2010 budget surplus has grown to $400 million.