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House Will Work to Repay Money Borrowed During Recession

The House and Senate will unveil their budgets on Sunday (2/21). Though senior negotiators say we’ve had several years of surplus revenues, they’re still working to undo the damage done by the great recession.

The House of Delegates hopes to begin fully funding the state’s retirement system this year, as well as accelerating a $189 million dollar plus interest repayment to the pension plan.

They’ll also put potential surplus dollars toward outstanding bonds for construction projects across the Commonwealth.

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