Earlier this month, Governor Justice released his FY 2023 budget proposal. Once again, the governor is proposing a relatively "flat" budget with few changes from the previous year. However, like with the FY 2022 budget, low revenue estimates and a lack of a six-year plan are complicating the budget picture, preventing investments in the state's…
Tax and Budget
Farm and Dairy - West Virginia Gov. Jim Justice recently announced a proposed state budget for fiscal year 2023. Read the full article. The overall budget is essentially flat, staying consistent in investments in food, agriculture, natural resources and infrastructure, with just a 1.4% increase from last year’s budget to just over $4.6 billion. Most of that…
Market Watch - West Virginia taxpayers will pay $1.7 billion to attract a profitable steel company to a corner of the state where workers from Ohio and Kentucky may also be employed, thanks to what some observers call a hurried deal struck in a special session of the legislature in January. Read the full article.…
WCHS TV - The West Virginia Center on Budget and Policy hosted its annual Budget Breakfast on Friday. Watch the full segment. It marks the ninth time the breakfast has been held. Organizers conduct the event during the legislative session each year. The event provides a chance for lawmakers to analyze the governor's proposed budget…
WOWK TV - Sometimes the best way to exchange ideas is to break bread with others. That’s what happened at Friday’s annual “Budget Breakfast” from the West Virginia Center on Budget and Policy. Watch the full segment. A lot of people are focused on the state’s budget surplus, which may balloon to $700. Democrats say…
At our 2022 Budget Breakfast on January 21, WVCBP senior policy analyst Sean O’Leary provided analysis of the Governor’s proposed budget for Fiscal Year 2023. You can download Sean’s budget analysis PowerPoint presentation here. You can watch the full Budget Breakfast recording here.
Charleston Gazette-Mail - West Virginia is one of many states set to use revenue surpluses brought by federal relief money for tax cuts. Read the full article. After lawmakers last week near-unanimously approved $350 million in subsidies for the Mason County Nucor steel recycling plant project and further capital improvements, Democrats on Tuesday announced that…
West Virginia Public Broadcasting - This week on The Legislature Today, West Virginians weigh in on a controversial piece of legislation. As health reporter June Leffler reports, pro-life and pro-choice residents spoke on two abortion bills at a public hearing Monday in front of state lawmakers. Listen to the full segment. Also, in this show, energy…
Good Morning America, ABC News - For millions of parents across the country, the New Year has started off without a monthly deposit from the child tax credit expansion, a deposit of several hundred dollars that parents had relied on since July, when the expansion went into effect. Read the full article. "That was the only income…
Media Advisory: January 19, 2022Contact: Renee Alves, 304-720-8682 Charleston, WV – As the 2022 legislative session gets underway, the West Virginia Center on Budget and Policy would like to invite you to join us at our 9th annual Budget Breakfast, taking place this Friday, January 21 at 8:00am EST. Each year, the WVCBP holds this event to provide…