Virginia Qui Tam Law.com
  • ABOUT VAQUITAMLAW.COM
Browsing: / Home / Virginia’s surplus is due in part to the Virginia Fraud Against Taxpayers Act
Print Email Shortlink

Virginia’s surplus is due in part to the Virginia Fraud Against Taxpayers Act

By Zachary Kitts on August 24, 2013 in False Claims Act Practice in Virginia, Uncategorized, Virginia Whistleblowers

Virginia Qui Tam Law.com -- The first blog dedicated to the Virginia Fraud Against Taxpayers Act and to Qui Tam Litigation in Virginia

 

 

 

 

 

 

What was that I was saying recently about Virginia’s qui tam settlements funding government services across the Commonwealth?  Virginia Governor Bob McDonnell announced this week that Virginia has a budget-surplus for FY 2013 in excess of $585 million.  According to the National Conference of State Legislatures, that puts Virginia in a select group of states indeed.

And no, this is not as a result of federal aid the way some big-government interest groups have claimed.  You see, Virginia’s surplus poses a true conundrum for those folks who truly believe in trickle-down government, because states that follow the trickle down government model are for the most part posting record deficits while Virginia posts a surplus.  This is not the result of federal aid in part because unspent cash in government accounts accounted for $320.7 million, or 54 percent, of the final surplus for the fiscal year that ended June 30.

Moreover, as covered in my last post, Virginia’s qui tam settlements have returned $68 million to the General Fund in the last four and a half years, and that is just the money to the General Fund and then just from health care cases.  Tens of millions of dollars more has gone into other governmental operations and accounts, and the overall effect of that money becomes difficult to trace.

And yes, despite this hard data, some states still do not have state level false claims act laws with qui tam provisions…but we are all working on that folks…stay tuned.

 

K&G Law Group is a boutique-style law firm based in Nothern Virginia and practicing nationwide

 

Share this on: Mixx Delicious Digg Facebook Twitter
false claims act settlementsFMAP percentagehealth care fraudMedicaid fraudstate qui tam legislation
  • Related Stories
  • Most Popular
  • PRESIDENTIAL IMPEACHMENT PART II OF II: WHAT’S PAST IS PROLOGUE
  • PRESIDENTIAL IMPEACHMENT AND LEGAL ETHICS: WHAT’S PAST IS PROLOGUE
  • Justice Department Recovers over $3 Billion from False Claims Act Cases in Fiscal Year 2019
  • Federal False Claims Act Cases are not just about money
  • When is a claim submitted to the United States?
  • Updated two-volume set on Employment Law in Virginia is on its way
  • The National Conference of State Legislatures Identifies the Top Ten Issues Facing State Governments in 2013…
  • AND THE WINNER IS … MARK OBENSHAIN EMERGES AS THE REPUBLICAN NOMINEE FOR ATTORNEY GENERAL
  • Interesting Developments from the Virginia State Bar…a/k/a The Curious Case of Glenn Lewis
  • Strange developments from the HHS-OIG…and a few basic truths about government
  • BREAKING NEWS IN THE 2013 RACE FOR ATTORNEY GENERAL: Virginia Democrats Nominate state Senator Mark Herring for Attorney General
  • Two Virginia executives go to prison for small-business set-aside fraud
← Previous Next →

Search

Monthly Archives

  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • August 2019
  • July 2019
  • June 2019
  • April 2019
  • March 2019
  • February 2019

Authors

  • Zachary Kitts

Copyright © 2021 Virginia Qui Tam Law.com.

Virginia Qui Tam Law.com is the first blog dedicated to the Virginia Fraud Against Taxpayers Act and to false claims act litigation in Virginia.