West Virginia MetroNews – West Virginia is up against deadline to spend $764,887,286, but U.S. Senator Shelley Moore Capito has expressed some confidence the state could get a reprieve. Read the full article.
Gov. Jim Justice also says no sweat.
West Virginia drew down $1.26 million in federal CARES Act money last spring and has spent $503,895,780 so far, according to state figures. Invoices for spending are likely flowing in, but the bulk of the money is with the state Board of Investments.
States have a Dec. 30 deadline to spend the money.