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State’s revenue losses may reach total of $3 billion (access required)

Virginia’s projected state revenue losses may be closer to $3 billion than the $2.5 billion previously projected for the next two years, Gov. Timothy M. Kaine told his economic advisers last week. The new revenue forecasts were about $100 million worse for the current fiscal year and another $168 million lower for the 2010 fiscal year, ...

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