>> you are very kind. thank you. thank you. you are very find. >> very important victory. >> tomorrow night, watch our coverage of florida's primary results with candidate speeches and your reaction by phone, facebook and twitter. coming up tonight, a look at several state of the state addresses. first, remarks from virginia governor bob mcdonnell. then after that, governor jack markell. then indiana governor mitch daniels gave his plans for this year. tomorrow, richard cordray, the head of the consumer financial protection bureau testifies before the senate banking committee. he was given a recess appointment by president obama over the objections of republicans. he is expected to deliver the first semiannual report to congress. mr. cordray recently served as an ohio attorney general.

next on c-span3, a look at several state of the state addresses. tonight, we'll start with governor bob mcdonnell. he delivered his third state of the commonwealth from the virginia state capitol. he talked about budget priorities and reducing spending. this is about 50 minutes. [ applause ] >> thank you. thank you. you have obviously come back well rested. mr. speaker, mr. president,

justices of the supreme court of virginia, judges of the state corporation commission, ladies and gentlemen of the general assembly, my fellow virginians, good evening. it is both my duty and privilege to join you on the set of steven speilberg's epic feature film. [ applause ] >> "lincoln" for the annual state of the commonwealth address. i hope it is all right with everyone. i invited some of your neighbors tonight. the first lady and four of the mcdonnell children and my new son-in-law are here with us in the gallery. [ applause ] >> now i think this is my 21st state of the commonwealth speech. only the third that i've delivered. this is always a very special

night when all three branches of government are gathered in a building designed by thomas jefferson, from which, for centuries, ideas promoting liberty and opportunity have sprung. i want to congratulate all of you newly elected men and women to the general assembly and the new leaders elected in each caucus today. thank you for your service to the people of virginia and also i want to thank the families and spouses of these newly elected members because they are in it with you as well. i would also want to commend the members of the virginia senate. particularly the members of the democratic party for the passionate and statesmanlike debate you conducted on the matters on the virginia senate today. thank you. over the past two years, we have shown that while we hail from diverse regions, we align with different political parties and

subscribe to different philosophies, we can still come together to make progress on the issues that are most important to the eight million people that we serve. ladies and gentlemen, that has been and must forever remain the virginia way because it works. this session, we must remember while seating charts and committee assignments have changed. the virginia way cannot. so to the members of the majority tonight, i say to you don't be arrogant. don't overreach. to the members of the minority party, i say, don't be angry. don't obstruct. and to all of us, including the executive branch, i say let's be civil and let's be productive. now we're blessed it live in a commonwealth can an unemployment rate that's the lowest in all of the southeast. we're the best state in america for business. we have the nation's best public universities system. and over these years, we have

weathered the economic storms better than most states. i think we owe the success to a number of factors. we've kept taxes low, regulation and litigation to a minimum. and we made prudent and wise investments in economic development and transportation and in our people. but perhaps more importantly, we have found a way daily to rise above the partisan sniping of politics to solve problems and get results. you know, our representative democracy has stood the test of time as the most effective and the most fair form of government on all the planet. america was born on the banks of the james river. from virginia came four of the first five presidents, eight in all. the author of the declaration of

independence. the fathers of the constitution. governor patrick henry, first governor of virginia, attended the laying of the cornerstone of the building in 1875, and yet, 205 years later, the same capitol welcomed l. douglas wilder, the first africa american governor in the country. the early leaders who guided the young republican through the global power that we are today came from here in virginia. now, it is our collective duty to lead this great republic into a prosperous future. i will say i think virginians are ready. every day they show their exceptional character. a few of those exceptional characters joined us tonight. on december 8th, we are joined

by the peril of the officers in the state. on that day, virginia tech police officer was protecting the students and faculty. including my daughter who is at virginia tech. during a routine traffic stop, derek krouse was shot and killed. he was an iraq war veteran. he was a son, a husband and father of five. derek was a hero. derek's wife tina is here tonight. on behalf of the commonwealth, we pledge to you that derek's sacrifice will never been forgotten. [ applause ]

>> and at that exact same time in blacksburg, another veteran turned law enforcement officer was facing a similar situation in caroline county. after detaining a suspect found along i-95. michael hammer had placed that suspect in the car when suddenly the individual grabbed for the trooper's weapon and forced it to discharge in his leg. bleeding profusely in the struggle, he was able to reach another weapon that he kept nearby and was able to subdue

the suspect. trooper hammer was rushed to mary washington university hospital where he underwent emergency surgery. tonight, trooper mike hammer is still recovering from the injuries. but he and his wife natalie are here with us in the gallery. i want to say trooper hammer, your bravery and commitment to the safety of the citizens of virginia will not be forgotten. [ applause ]

>> now that heroism demonstrated by officer crouse and trooper hamer is why i'm supporting a review of and necessary amendments to the virginia line of duty act so all qualified first responders and families receive all of the key statutory benefits in their time of need and not later. i ask you to support that this session. [ applause ] >> that same spirit of service is always been displayed by virginians on the battle field in foreign lands. since september 11th, 2001, nearly 14,000 members of the virginia national guard have left their families and jobs to defend freedom.

over 230 virginians have given their lives to the service of the country. on december 18th, the last convoy of american soldiers left eye -- iraq. eight days before that, i welcomed home the army national guard. they had been serving in iraq since april. with us here tonight are the battalion's executive officer major carl inkstrom and his wife. we have a father and son who are deployed together. first sergeant kelvin franklin and his wife and his son, first private quentin franklin. gentlemen, thank you for your deep commitment to freedom.

[ applause ] >> the brave men and women who volunteer for the virginia national guard are great patriots. we all know that. that's why i propose that we provide in state tuition for the national guard regardless of how long they lived in virginia. [ applause ] >> we have more veterans than

any other state. with your help this session, we'll continue to make this the most veteran-friendly state in america. you serve virginia, we serve you. we serve all virginians well when we run a wise and frugal government. defend libertys and the rule of law and care more about enacting good policies than making a good quote. simply put, our people want results, not rhetoric. they want solutions, not sound bytes. over the last two years, that is how we have governed together. working across party lines last year. we put the most new funding in transportation a transportation in a new generation. i want to thank speaker howell for this effort. over $4 billion in fund was put together to support funding. this has supported hundreds of projects in nearly $2 billion in

new contracts in 2011. it is always made possible public/private partnerships like the tunnel on hampton roads, the coal fields expressway and the i-95 hov hot lanes in northern virginia. we created awarding new degrees to young people in important disciplines. i want to thank the leaders in the effort. kirk cox and rosyln dance. we were able to enroll 5,800 additional students this past fall. well done. [ applause ] >> together, we also created nearly $100 million in new economic development to promote

job creation. companies like becktell and amazon and green mountain. albany are all coming to virginia. i want to thank lieutenant governor, our chief jobs director. over 64,000 jobs have been created in virginia since our first full term in office. [ applause ] >> overseas visitors are coming here at a record pace. $321 million in 2011. i was on hand this past year to open up trade offices and agriculture offices in new delhi and mumbai and shanghai and london. to sell virginia products around the world and create more good jobs at home. our trade missions are getting results.

just last month alone, one ship left chesapeake, virginia and delivered $25 million worth of soy beans to china. two weeks ago, another vessel began the same journey with another $25 million in soy beans to china. from brunswick to china, that is how we grow our partnership. i want to thank you for growing our exports and creating new jobs. working together, we've eliminated $6 billion in budget shortfalls, not by raising taxes, but reforming government and reducing spending. into nearly $1 billion dget in surpluses during the last two years. [ applause ] >> and i all

collective, bipartisan accomplishments. virginia is charting a fiscally responsible course to a brighter future. but, ladies and gentlemen, it is no time for victory laps. our global economy is still uncertain. the actions of the government are still unpredictable. the unemployment rate is still unacceptable. this is not a status quo period in the life of americans and virginians. i suggest this should not be the status quo session for the virginia general assembly. i can't ask you to fix every problem in the short time we have together this session. i can ask you to fix some big ones. we must do more to spur private sector job creation. we must reform our pension system now. so that it will be there for the hundreds of thousands of virginians depending on it. we must make our k-12 education system more accountable and innovative now. so all of our students get a

world class education. we must complete higher education reform and investment now some more students can get we must improve our transportation maintenance amount system now so that citizens can get to their jobs and to their families without delay. and we must pass a fiscally responsible structurally balanced budget on time that provides the liquidity that we need for the years that lie ahead. [ applause ] >> and i want to applaud the work of delegate putney and the leaders in both parties for proposing the reforms needed and the timely decision making and reduce drama. thank you.applause ]

>> i say to you that our work together starts with finding work for 260,000 virginians who are currently unemployed. it is the most pressing issue facing our state. virginians need good paying private sector jobs. this session, i'm asking you to invest another $38 million in targeted programs that spur job creation. i propose some state incentives and initiatives for tourism and film and agriculture and forestry projects and modelling and simulation. cyber security. work force development. advanced manufacturing and life sciences. these are proven job and revenue generators for our state. i'm also proposing a new investor tax credit to provide working capital for small businesses. they create 70% of all of the new jobs in america and for an extension of time during which

that major business facility job tax credit can be taken. states are competing not just against other states, but other countries around the world for jobs. when deciding where to move or where to expand, businesses tell me that they are first and foremost looking for a well educated and trained work force. i think we owe every student the opportunity to be career or college ready when they graduate from high school. [ applause ] >> my dad always told me to get a good job, you need a good education and dad was right. i propose an increase of funding for k-12 education of $400 million over the session. but also to increase dollars going to the classroom and hire

more teachers in science, technology and math and strengthen the diploma programs. and for the start up of new health science academies in our commonwealth. however, while we put more funding into the k-12 budget, more funding alone does not in and of itself guarantee greater results. over the past decade, total funding for public education in our state has grown 41%. while student enrollment has only increased 6%. so this budget will provide significant new funding, but it will also seek more accountability and more choice and more rigor and more innovation in our school system. i think providing flexibility to school divisions is important. i suggested it is time to repeal the state mandate that school

divisions begin their school term after labor day unless they receive a labor. already 77 of the 132 have the waivers so the exception has become the rule. i think you can best balance your teaching and calendar needs against the important concerns of the tourism and business leaders. because they know their situations at their locations far better than here in richmond. our teachers are well educated professionals who deserve to be treated as much. just like workers in most every other job get reviewed annually and are able to be promoted and rewarded for their success. so, too, should teachers. i am asking we remove the continuing contract status from teachers and principals and provide in its place an annual contract. this will allow us to implement an improved system that really

works and give principals a new and much-needed tool to manage their schools. along with the merit pay pilot program that you helped me fund last year, we will provide more incentives and more accountability to our education system so that we truly can attract the very best and the very brightest to teach our young people. i know you agree we have great teachers in virginia. people like stacy hoffleck. a teacher at john adams school in alexandria. recently named the national history teacher of the year. i happen to think my sister nancy teaches in amerous county. we all know teachers -- mr. speaker, i don't think we can vote in the middle of my speech, can we?

we all know teachers who are deserved to be rewarded in the teaching of our young people. we will ensure all people can read proficiently by the third grade. social promotions are not acceptable. when we pass the student who cannot read well and is not ready for the next we failed them. our public education system is also embraced some multiple learning venues and opportunities. i agree with president obama that we need to expand charter schools in our country. i'm proposing that we make our laws stronger by requiring a portion of the state and local share of the soq funding to follow the student to the charter school and make it easier for new charters to be approved and acquire property to get up and running. i think we need a fair funding formula for the fast growing

virtual school sector. i propose that a portion of the state and local share of the soq funding should also follow the student in this area. and we will implement new regulations for accrediting virtual schools and their teachers to make this technology to be employed more easily. we should also increase the choices for low-income students and their parents. so i'm asking you this session to provide a tax credit for companies that contribute to an educational scholarship fund to help more of our young people get the education of their choice. [ applause ] >> and i want to thank delegates jimmy massey and others for their leadership this session on that issue. because here's the bottom line.

a chi should not be determined by their geography or their zip code. we will also propose innovations for dual enrollment. so those students who want to get ahead on the college educations can do so. the goal of these is simple. that is when you walk across the stage for the high school graduation and you receive that diploma, you should be able to be career ready or college ready. when our stunt ready for college, college should be ready for them. the american dream becomes more attainable when there is more access to a college degree. our sweeping top jobs education that you passed unanimously last year, i believe set a visionary

blueprint for reinvestment for our colleges and universities. now, we have to put our money where our policy is. i'm asking you this session to invest over $200 million in new funding for colleges and ivly, m proposing a new dynamic funding model for higher education to replace the old formula. it ties new funds to achieving the goals we approved in the statute last year. institutions will be rewarded based on increasing the number of degrees, particularly in the stem h fields. improving graduation rates, expanding practical research an. it will also require colleges to be more efficient and more accountable by reprioritizing 5% of the general fund dollars by

2014 to meet the same key policy goals that we approved last year in the statute. such as year round use of the facilities and leverage more programs and courses for our students. these actions all taken together cement the direct nexus of higher education and job creation. they begin to reverse this unacceptable trend over the last decade. during which the average college tuition in virginia doubled. and i would say to you that parents and students in virginia can no longer afford it. those days of doubling tuitions are over. [ applause ]

>> ladies and gentlemen, our economy can grow products and people can't move. the last year construction funding bill was significant. but a lot more has to be done. we all know that increased fuel efficiency and use of alternative fuels have caused gas tax revenues to decline. a trend that is likely to stay with us. our growing deficit in transportation maintenance is a result. it must be addressed. now, transportation is a core function of government so we have to treat it like one. i'm asking you to increase transportation's share of the year in unassigned surplus to 75%. also, to dedicate the first 1% of our economic growth over 5% to transportation. now, to seriously address the transportation deficit, i'm requesting that you increase the