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Virginia
Saturday, May 31, 2025

Virginia’s budget surplus grows as revenues beat expectations due to Republican management

Virginia’s general fund revenues rose sharply in April, bucking signs of a national economic cooldown as the state continues to post steady long-time job growth and rake in more tax dollars than projected.

Response to “Trump’s Attack on Offshore Wind is Hurting Virginia. Why Aren’t Republican Leaders Fighting for Us?”

The Virginia Mercury article (May 19, 2025) argues that President Donald Trump’s executive order halting offshore wind project approvals, permits, and funding is detrimental to Virginia’s economy, particularly the Coastal Virginia Offshore Wind (CVOW) project, and criticizes Republican leaders like Governor Glenn Youngkin and Attorney General Jason Miyares for not opposing it.

Arlington leader opposes a region-wide tax on sales to support Metro

Arlington's representative in a panel that is studying D.C. Metro financing opposes a regional sales tax for the transit system.

Bankruptcy

Rappahannock Tribe acquires nearly 1,000 acres along its namesake river

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On Wednesday, the Rappahannock Tribe acquired the largest amount of its ancestral lands to date with the transfer of nearly 1,000 acres from The Conservation Fund, to be preserved in perpetuity under easement with the U.S. Fish and Wildlife Service and the Virginia Board of Historic Resources.

Chesterfield’s indoor farming startup Plenty declares bankruptcy after multiple lawsuits

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The operator of an indoor farming facility that was highly praised in Chesterfield declared bankruptcy.

US bankruptcies hit 13-year peak in 2023; jump 27% in 2024

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More than 80 companies that sell consumer goods have filed for bankruptcy, a jump of 27% from 2023, according to S&P Global Market Intelligence.

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