June 17th, 2016

Since the beginning of the McAuliffe administration, 707 economic development deals have been closed in Virginia with more than $11.24 billion in capital investment, which is more than any previous governor in the first 28 months in office. Governor McAuliffe is focused on growing the #NewVAEconomy and continuing our historic economic success.

The Governor’s Top 5

  1. Governor McAuliffe announces unemployment drops to 3.8% as GDP rises 1.4%

    Take aways:

    • What are the details of this announcement?
    • “The continued decline in Virginia’s unemployment rate, combined with our most significant increase in state gross domestic product since 2010, is a testament to the success we are having growing and diversifying our Commonwealth’s economy. Despite the ongoing headwinds generated by sequestration and federal defense cuts, Virginia’s economic growth is creating new opportunity and a quality of life for families across the Commonwealth.” - Governor Terry McAuliffe

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  2. Governor McAuliffe announces historic SMART SCALE transportation process that uses objective data to prioritize projects

    Take aways:

    • What are the details of this announcement?
    • “Virginia is the first state in the country to use an outcome-based prioritization process to select transportation projects. My team and I were proud to work with a bipartisan coalition from the General Assembly and localities and regional bodies across the state to develop reforms that make the absolute best use of taxpayer dollars by investing in the right transportation projects. No longer are we allowing politics and wish lists to determine what gets built. This process is critical to moving people, jobs, and commerce, all of which is essential to building the new Virginia economy.” – Governor Terry McAuliffe

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  3. First Lady and Governor McAuliffe launch food crop donation initiative to aid food banks through tax credits

    Take aways:

    • What are the details of this announcement?
    • “The First Lady and I are working hard to reduce hunger in the Commonwealth by creating pathways to nutritious food for all Virginians. This new budget allows for $250,000 to be issued in tax credits annually for farmers who participate in the program. This is an opportunity for our farmers to help provide healthy, Virginia-grown food to the hungry in their communities, while also receiving a valuable tax incentive. Through these newly created partnerships with local non-profit organizations like Blue Ridge Area Food Bank, we will provide greater access to healthy food for our most under-served citizens.” - Governor Terry McAuliffe

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  4. Governor McAuliffe signs ABLE Act at Richmond Special Olympics to financially assist individuals and families with special needs

    Take aways:

    • DETAILS – Governor McAuliffe ceremonially signed the ABLE Act at the opening ceremonies of the Richmond Special Olympics this past week. This legislation creates 529 savings accounts for individuals and their families with special needs in Virginia. These account are designed to help save for college free of means testing at the state level. Governor McAuliffe was joined by Delegate Eileen Filler-Corn, the patron of the original bill (HB 1103), which commanded bipartisan support during the 2016 General Assembly session.
    • “Tonight, we recognize the incredible contributions these extraordinary people make in Virginia. I am pleased to join Delegate Filler-Corn to sign ABLE, a financial tool that will help individuals with special needs and their families succeed … We are committed to helping all Virginians achieve their dreams and realize their full potentials.” - Governor Terry McAuliffe

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  5. Governor McAuliffe launches “Who’s Your Driver” campaign to deter drunk driving in Virginia

    Take aways:

    • DETAILS – Governor McAuliffe launched the “Who’s Your Driver” campaign at the Richmond International Speedway this week with the Virginia State Police. This initiative is aimed to increase public awareness of drunk driving issues and deter Virginians from driving drunk through the use of a designated, sober driver. The program will micro-target millennial men, who are statistically more likely to get behind the wheel while intoxicated. The Virginia Department of Motor Vehicles Highway Safety Office and DRIVE SMART Virginia also partnered with the program.
    • “Keeping Virginians safe is a top priority of my administration and deterring drunk driving through ‘Who’s Your Driver’ is a big step forward to lower traffic accident and fatalities. We will continue to emphasize the importance of a designated driver and this program’s success is attributed to the partnership and collaboration of the Virginia State Police, the DMV’s Highway Safety Office, the Richmond International Speedway, and DRIVE SMART.” – Governor Terry McAuliffe

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