Virginia's Budget Surplus

At the risk of thoroughly hacking off a friend of mine in Richmond for whom mere mention of the name "Bob McDonnell" causes spasms, I learned today from an article in the Washington Examiner that Virginia's Governor McDonnell expects the Old Dominion to end the fiscal year with a budget surplus for the first time since FY 2008.  Corporate net income tax receipts are up 20% on a year-over-year basis, a sure sign of an economy on the mend.  But most significantly, Governor McDonnell and the Virginia General Assembly were able to close the budget gap through spending cuts and without raising existing taxes or creating new ones.  Our federal government in Washington could learn a thing or two from Virginia.