McDonnell on Shutdown: Govt Should Solve Problems, Not Make Points
Governor Bob McDonnell has tough words for congressional lawmakers, as the federal shutdown stretches into the weekend.
"These are talented, skilled people in Washington. They know their jobs, they're just overall not doing them very well," he said.
McDonnell says both sides are to blame for the stalemate, and now is the time to find a solution before more Virginians are affected.
"They're there not to make political points, they're there to solve problems and that's what people expect," said McDonnell.
Earlier this week, McDonnell asked state agencies to submit reports detailing how they would be financially impacted by a loss of federal funds. But he says the state will be able to weather the storm.
"We feel like we're OK, but once we get this full inventory of all the impacts that our agencies report to us today, I'll have a better decision by Monday or Tuesday," said McDonnell.
The biggest impact to the state will likely come in the form of revenue losses, as tens of thousands of furloughed Virginians cut back. The shutdown could also impact Virginia's triple a credit rating. On Thursday, McDonnell met with the agencies that control that rating in New York.
"They had very few questions other than how is this going to impact Virginia if we don't have a resolution soon, and I think we dealt with that pretty well," said McDonnell.
McDonnell says Virginia has fixed most of the major issues that could impact Virginia's bond rating, including reforms to the Virginia retirement system and transportation funding. But in the midst of a shutdown, Virginia's reliance on Washington is still a cause for concern.
"We can't affect that directly; we've got to have our legislative leaders in Washington get their act together and find ways to resolve differences without one drama after another," said McDonnell.
McDonnell has several resources available to help agencies impacted by the federal shutdown, including the Federal Action Contingency Trust (F.A.C.T.) Fund, the state's Economic Contingency Fund, and and limited deficit loan authority.
McDonnell on Shutdown: Govt Should Solve Problems, Not Make PointsMore>>
Ed joined the NBC29 news team in May, 2011. A Charlotte, NC, native, he graduated from the University of North Carolina at Chapel Hill with degrees in journalism and political science.Full Story
Ed joined the NBC29 news team in May, 2011. A Charlotte, NC, native, he graduated from the University of North Carolina at Chapel Hill with degrees in journalism and political science. Email/Follow on Twitter/ Full Story
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