Virginia Gov. Glenn Youngkin said he wants tax cuts in next year’s budget proposal, though he will tread cautiously ahead of a possible economic downturn.
Mr. Youngkin, a Republican, emphasized he believes a recession is inevitable and his administration would be “very prudent in what we do” ahead of such circumstances.
“One of our key priorities is not to be in a circumstance where we get over our skis on either side of this — tax cuts or in spending,” Mr. Youngkin told reporters this week.
Mr. Youngkin ran his campaign last year on a promise to slash taxes across the board, including for groceries and gas.