Tim Kaine Left Us With a 44.2 Billion Shortfall (VA US Senate)

Claim:  [Virginia Gov. Tim Kaine] “left us with a $4.2 billion shortfall.”

Ad(s):  “Smarter Spending Not Higher Taxes”

Sponsor(s):  American For Prosperity

Total Estimated Spending On This Claim: $61,350

Markets:    Charlottesville, Norfolk, Richmond, Roanoke, VA

Stations:  WCAV, WVAW WVIR, WAVY, WTKR, WVBT, WVEC, WRIC, WRLH, WTVR,           WWBT, WDBJ, WFXR,  WSET, WSLS

FactCheck.org’s Summary:  Not exactly. The state did face a  $4.2 billion gap  in the biennial 2010-2012 budget, but Kaine submitted a balanced budget proposal days before leaving office, as required by law.

And the last budget Kaine signed into law ended with a surplus. In fact, Republican Gov. Bob McDonnell praised Kaine for making “tough cuts” in state spending and relying on “conservative” revenue forecasts in the 2008-2010 biennial budget that helped the state end fiscal year 2010 with a $403 million surplus.

McDonnell rightly credited “two administrations” for the surplus, since fiscal year 2010 started under Kaine and ended six months later under a McDonnell administration.

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