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Home / News Stories / Kaine proposes budget that borrows, draws on reserve (access required)

Kaine proposes budget that borrows, draws on reserve (access required)

(AP) Gov. Timothy M. Kaine has proposed a lean-times budget that borrows more than $2 billion, withdraws $261 million from reserves and gets new mental health, health care and preschool programs off to a modest start. The blueprint for $78 billion in state spending through June 2010 does not increase taxes. It appropriates nearly $1 billion ...

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