Washington Times · Nov 25, 2022
Youngkin aims for tax cuts in next budget plan while navigating potential recession
Virginia Gov. Glenn Youngkin speaks to supporters as he attends a campaign rally on Monday, Oct. 31, 2022, in Westchester, N.Y. (AP Photo/Eduardo Munoz Alvarez) more >Virginia Gov. Glenn Youngkin said he wants tax cuts in next year’s budget proposal, though he will tread cautiously ahead of a possible economic downturn.
Mr. Youngkin, a Republican, emphasized he believes a recession is inevitable and his administration would be “very prudent in what we do” ahead of such circumstances.
“One of our key priorities is not to be in a circumstance where we get over our skis on either side of this — tax cuts or in spending,” Mr. Youngkin told reporters this week.