Governor Spanberger Addresses General Assembly Joint Money Committees

Governor Spanberger: “At a Moment in Our History When Washington Is Manufacturing Chaos and Uncertainty, Virginia Has Chosen a Different Path: Bold, Purposeful, and Pragmatic Governance Focused on Making Life More Affordable and Building Long-Term Economic Strength”

RICHMOND, VA — Governor Abigail Spanberger today addressed the Joint Money Committees of the General Assembly to discuss the closing of fiscal year 2026 and her priorities for the upcoming budget development cycle.

In her speech, Governor Spanberger highlighted the work of her Administration and the General Assembly to make Virginia more affordable — particularly where families feel costs most: healthcare, energy, and housing. The Governor also touted Virginia’s accomplishments on the national stage — including rising to CNBC’s #3 state in the country for business, #2 for infrastructure, and climbing six spots from the previous year for cost of living.

The Governor also spoke about the economic challenges we are seeing as a result of the reckless decisions being made in Washington, and the need for Virginia to be a source of stability and predictability for families and businesses across the Commonwealth.

“The organizing priority of my Administration from day one has been tackling the high cost of living. It continues to be the single most pressing challenge facing our fellow Virginians today,” said Governor Abigail Spanberger. “At a moment in our history when Washington is manufacturing chaos and uncertainty, Virginia has chosen a different path: bold, purposeful, and pragmatic governance focused on making life more affordable and building long-term economic strength.”

Governor Spanberger added, “In my view, one of the most valuable things we can offer local governments, businesses, and our fellow Virginians right now is stability. It’s being a partner you can count on.”

Additionally, the Governor discussed Virginia’s strong fiscal foundation as it heads into the future — general fund revenues grew $2.1 billion over the prior fiscal year, exceeding the official forecast by nearly $1 billion. Looking forward, Governor Spanberger previewed her intentions to work with the General Assembly to expand efforts to hold data centers accountable, and address rising costs of healthcare, energy, and housing.