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Virginia
Monday, June 2, 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.

Trump signs order aiming to lower U.S. drug costs to match prices abroad

President Donald Trump signed an executive order Monday aimed at lowering drug prices by pressuring pharmaceutical companies to align their U.S. pricing models with those in similarly wealthy countries.

Winsome Earle-Sears to speak at Virginia Chamber forum

The presumptive nominee and Democratic candidate for ‘s governorship in 2025 are scheduled to speak today at the 2024 Virginia Economic Summit & Forum on International Trade in .

Lt. Gov. Winsome Earle Sears, the GOP front runner, is scheduled to speak shortly after 9 a.m., at the event, sponsored by the Virginia Chamber of Commerce and the Virginia Economic Development Partnership. In the afternoon, U.S. Rep. will address the crowd.

Earle Sears announced her candidacy in September. In November, Virginia Attorney General who had been rumored as considering a run to be the GOP nominee for declared that he will instead run for a second term in the AG. This leaves the way clear for Earle Sears who has gained Gov. ‘s endorsement. Youngkin cannot run for a second consecutive term of governor as per state law.

Mary Sue Terry was the only woman in Virginia history to have received a major-party nomination for governor. She served as attorney general of the state for two terms. She was a candidate for governor in 1993, but lost to Republican George Allen who went on to become a U.S. Senator.

Earle-Sears has also made history as Virginia’s first Black woman, and first immigrant woman to hold a statewide position. The Jamaican-born Earle Sears, a former delegate and veteran of the U.S. Marine Corps, took a unique path to reach the Virginia State Capitol. She has owned an appliance, plumbing, and electrical company, and managed a shelter.

This article originally appeared in Virginia Business.

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