RICHMOND, VA – Speaker of the Virginia House of Delegates William J. Howell (R-Stafford) today issued the following statement in response to Governor Bob McDonnell’s announcement of FY 2011 agency savings:

“Alongside the Governor’s July announcement of $310.7 Million in FY 2011 surplus revenues, today’s announcement of $234.1 million in agency savings and balances adds up to an overall FY 2011 surplus of $544.8 million.  Since taking office, the House Republican Caucus has worked with Governor McDonnell to responsibly tend to Virginia’s financial health by controlling costs, eliminating unnecessary expenditures and upholding Virginia’s constitutional balanced budget requirement, all without raising taxes,” said Howell. More >