Virginia Lays Off Hundreds, Cuts College Funding

October 9, 2008 - 3:57 PM
Virginia Gov. Tim Kaine is laying off 570 state workers as the state's budget outlook worsens amid the global financial crisis.
Richmond, Va. (AP) - Virginia Gov. Tim Kaine is laying off 570 state workers as the state's budget outlook worsens amid the global financial crisis.
 
The cuts are the deepest in at least five years in Virginia. Kaine also said Thursday morning that college funding is being cut, state employee raises are being postponed and another 800 jobs will go unfilled.
 
The Democratic governor says the state is likely to be $973 million short this fiscal year and $1.5 billion short in the fiscal year that begins next summer.
 
Earlier this week, Kaine said budget woes are prompting cuts at the governor's mansion, too. He's said he will reduce the mansion's grocery bill by one fourth, take fewer trips and dry clean his drapes less often.