Posts > Martinez, O’Leary: West Virginians Deserve More for Their Money (Opinion)
April 20, 2022

Martinez, O’Leary: West Virginians Deserve More for Their Money (Opinion)

This coming Monday, West Virginia lawmakers will hold a special session to authorize a $600 million “revolving door” loan fund touted as a way to bring private investment and jobs to the state.

Read the full op-ed.

While Gov. Jim Justice celebrates it as a “self-sustaining” project, it requires a $600 million up-front commitment from West Virginia taxpayers paid for by spending the majority of our fiscal year 2022 state revenue surplus — this means that we are not using that $600 million to invest in education, child care, health care, or any of the other neglected needs of our state.

Revolving loan funds — once funded — “sustain” themselves by reloaning money as old loans are repaid, meaning West Virginia taxpayers will never see these funds reenter the state budget.

Donate Today!
Icon with two hands to donate today.
Donate

Help Us Make West Virginia a Better Place to Live

Subscribe Today!
Icon to subscribe.
Subscribe

Follow Our Newsletter to Stay Up to Date on Our Progress