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Virginia General Assembly
Time to Stop Punting Long-Term Transportation Funding Needs 12.16.11

"This problem is so severe

I will not pass it on to another governor."

-Virginia Governor Bob McDonnell
On his proposed $2.2 billion infusion
into the Virginia Retirement System
December 15, 2011

  • The Governor is right. Now consider the following:
  • $20 billion - Virginia Retirement System's unfunded liabilities.
  • $50 - $100 billion - Virginia's Transportation System's unfunded needs.
  • 25 Years - Elapsed time since a Virginia Governor stepped up to provide serious, new, sustainable transportation funding.

It's Time to Stop Passing Along
Virginia's Need for
New, Sustainable Transportation Funding.