Warner's New Budget

The RTD has an article about Warner's new budget. Its not very specific except for the key number: $74 Billion. That is a 19.4% increase from the $62 Billion that was proposed in the last budget. Do we really need that much more money? I realize we want a 3% raise for state employees and teachers and more road money, but is that going to cost an extra $12 Billion?
If the GOP lets this budget survive without serious cuts, the VCG will be "Raising Kaine" again, and this time it will be a good decision.

UPDATE: Commonwealth Watch has a great post up about the new budget as well.