Republicans and Democrats across the commonwealth of Virginia are saying that incoming DNC Chair/Dem Governor Tim Kaine is $1 billion off the mark.  We’re sure Governor Kaine is pinning his hopes on the Washington, DC bailout… From the Washington Post:

State legislators from both political parties say they think Gov. Timothy M. Kaine has grossly underestimated Virginia’s escalating financial crisis, and they fear that the budget would still be more than $1 billion out of balance, even if they adopted all of his proposed cuts.

They are bracing for a shortfall as high as $4 billion over two years, meaning they will need to slash deeper into vital government services, such as public education, health care and public safety.

“What are already severe cuts would become Draconian,” said Sen. Janet D. Howell (D-Fairfax), a member of the Senate Finance Committee. “Everything in state government is on the table.”

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