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New Averett president says school is ‘so far from closing’ despite year of financial challenges
Averett University’s new president says he has a plan for financial recovery that includes repaying the school’s vendors and endowment, and could include further limiting academic options and selling more real estate. But the school’s ongoing financial issues are “not fatal,” and Averett will not close, Thomas Powell said. “As I meet people in town, the first question they ask me is, ‘Are you closing?’” Powell said. “Well, we are so far from closing.” The Danville school has been consumed by financial issues since last spring, when it revealed that financial mismanagement had led to a budget deficit.
Advocates say contraception initiative for low-income women will be lifeline with federal government cuts looming
A state-funded initiative that provides free contraception to low-income Virginians is reducing unintended pregnancies across the state, according to a new report delivered to the General Assembly. This report comes as Republicans in Virginia have opposed codifying the right to access contraception in recent years. The Virginia Contraceptive Access Initiative, or CAI, launched as a pilot in 2018 and expanded in 2020. About 95% of women served are between 15 to 44 years of age and 60% of women served are 100% at or below the federal poverty level, which is $25,820 for a family of three, according to VDH.
Howard: There is fraud and abuse in Medicaid, but it won’t cover $700 billion
To preserve tax cuts for the richest Americans, Republicans plan to add almost $3 trillion to the national debt and make deep cuts to a wide range of government programs. Medicaid is a prime target. As much as Republicans claim that these reductions will simply minimize waste, fraud and abuse, it is impossible to make sizable cuts to Medicaid without hurting thousands and thousands of Virginians. Let’s do a little math. The GOP budget would reduce federal Medicaid spending by $700 billion over the next decade. Virginia’s share of that would be at least $2 billion. Could Virginia find $200 million dollars a year in Medicaid waste, fraud and abuse for 10 years in a row? No.
VPAP Visual Value of 2025 Legislators’ Stock Portfolios
Each year, General Assembly members are required to disclose stocks, mutual funds, and other financial securities they own. Legislators assign a range of values for each asset instead of an exact dollar amount, so the only accurate way to measure a legislator’s total wealth is by adding up the minimum value of all the securities listed. Because of this, some legislators' portfolios may be worth substantially more than the amounts shown.
VPAP Visual 2025 Legislators’ Most Common Stock Holdings
Virginia legislators are required to file conflict of interest forms each year disclosing their ownership of securities, including stock in publicly traded companies. See the companies that were reported in the stock portfolios of at least five members of the 2025 General Assembly.
From VPAP New Episode of Policy Matters: Your Window Into Virginia Politics with VPAP on VPM
Join VPAP’s Chris Piper and VPM’s Ben Dolle as they break down what’s ahead for Virginia’s June 17 primaries and how voters can get election-ready. They spotlight VPAP’s Early Voting Dashboard, Early Voting by House District visualization, and the “Zoom into Your Neighborhood” tool that shows voters their polling place, sample ballot, and more. Plus, they cover top VaNews stories, from an unusual budget veto showdown to behind-the-scenes dynamics in the Virginia GOP.