The Columbus Dispatch, MSN.com, Akron Beacon Journal, Cleveland.com - Experts caution Ohio saying a proposed multi-billion dollar petrochemical plant may be a non-starter due to market conditions. Read article. With the price of plastic plummeting and a global oversaturation of ethane-ethylene cracker plants and plastics manufacturing, experts are cautioning Ohio about moving forward with an…
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ABC27.com, WTRF.com - Regional economists are warning tri-state governors that the petrochemical boom is a ‘non-starter’… meaning the Ethane Cracker Plant potentially making its way to Dilles Bottom could be a giant leap in the wrong direction. Read article. Citing a years-long trend of declining profit margins of the Beaver County plant, a group of faculty…
Charleston Gazette - About one in five West Virginians will see a reduction in their food assistance when a temporary boost to federal benefits expires this fall. Read About 350,000 state residents get benefits from the federal Supplemental Nutrition Assistance Program, formerly known as food stamps, according to the West Virginia Center on Budget and…
Beckley Register-Herald, Kansas City Star, The Republic - About 350,000 West Virginians will see a reduction in federal food assistance benefits when a temporary boost expires this fall, according to a nonprofit policy research group. Read The West Virginia Center on Budget and Policy said the increase to federal Supplemental Nutrition Assistance Program benefits expires on Oct.…
As the nation inches closer to the dreaded "fiscal cliff," much of the public's anxiety is focused on spending cuts and income tax increases that will hit middle- and upper-income households unless Congress and the president strike a deal that pulls us back from the edge. Read Comparatively little attention is being paid to the…
The big news yesterday was that the South Charleston stamping plant has been leased by Gestamp, a Spanish automotive stamping company. According to reports, Gestamp could eventually employ 700 workers. Gestamp chose South Charleston for several reasons, but mainly it was because the plant already contained necessary stamping equipment which allows it to be occupied immediately. The…
The West Virginia legislative session began on Wednesday, February 10 and legislators have wasted no time rolling out their priority bills. Several bills with major fiscal impacts are being moved quickly, raising worries of whether lawmakers have had adequate time to thoroughly consider individual bills — much less to consider how the interaction of numerous…
Sunday Gazette-Mail - Last week, Gov. Tomblin said he was restoring $260,000 in funding for critical programs serving children and families, funding that he had previously vetoed. This included $30,000 for domestic violence legal services, $80,000 for child abuse prevention from the Children’s Trust Fund, and $150,000 for In-Home Family Education. Read While this is…
When lawmakers passed a "bare-bones" state budget, some lawmakers expressed that the state government needs to "live within its means" because of our "shrinking population and tax base." Other lawmakers have suggested that our state budget is too big and that we will need to "continue making cuts to programs and services" and that we should…
The U.S. Senate has released their version of the Tax Cuts and Jobs Act. While the bill has some differences from the version released by the House, its overall affect is largely the same, with the benefits heavily favoring the wealthy. The Senate's tax bill would raise taxes on some families while giving large tax cuts…