Posts > Statehouse Beat: Inflated Budget Surpluses Proving Costly for WV
May 6, 2023

Statehouse Beat: Inflated Budget Surpluses Proving Costly for WV

Charleston Gazette-Mail – West Virginia politics is a bundle of contradictions, as we’ve seen recently.

Read the full article.

At roughly the same time Gov. Jim Justice was lauding the latest state budget surplus figures (made possible by hilariously low-balled revenue estimates), legislators were hearing about how multiple state agencies, notably Highways and DHHR, owe hundreds of millions in vendor payments that are 90 or more days past due.

Where have we heard this tune before? Oh yes, in the 1980s, when a combination of tax cuts, tax breaks and a downturn in coal left state government cash-poor, and left state agencies unable to pay bills in a timely manner.

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