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March-16-2016

Cole says tobacco tax hikes should be revisited as budget hole grows
By Shauna Johnson | WV MetroNews

“Everything needs to be on the table,” says Senate President Bill Cole (R-Mercer, 06), a Republican gubernatorial candidate, ahead of more work for state lawmakers — in a future Special Session — on West Virginia’s 2017 budget.

“I just caution people to never say never as we’re facing some pretty tough times here,” Cole said during an appearance on...

March-16-2016

Unemployment rate climbs in West Virginia
By MetroNews Staff

CHARLESTON, W.Va. — West Virginia’s unemployment rate increased to 6.5 percent in February, according to numbers released Tuesday by WorkForce West Virginia.

The rate went up two-tenths of a percentage point from January after the number of unemployed state residents increased by 1,300. Those residents still receiving unemployment compensation in the Mountain State is now at 50,...

March-16-2016

WV Legislature punts spending bill into spring
By Phil Kabler, Staff Writer, WV Gazette-Mail

With no resolution to the budget impasse — and with new revenue estimates showing that West Virginia’s 2016-17 budget shortfall will be $92.4 million larger than projected in January — legislators called it quits Tuesday, pending a special session to be called later this spring.

“It’s not possible to complete this budget in any reasonable time frame,” Senate...

March-16-2016

WV Legislature punts spending bill into spring
By Phil Kabler, Staff Writer, WV Gazette-Mail

With no resolution to the budget impasse — and with new revenue estimates showing that West Virginia’s 2016-17 budget shortfall will be $92.4 million larger than projected in January — legislators called it quits Tuesday, pending a special session to be called later this spring.

“It’s not possible to complete this budget in any reasonable time frame,” Senate...

March-15-2016

Budget decisions delayed after lawmakers hit with new $92 million problem
By Jeff Jenkins, WV MetroNews

West Virginia’s budget hole got $92 million deeper Tuesday leaving Gov. Earl Ray Tomblin and members of the state legislature faced with what are anticipated to be painful decisions to make before the new fiscal year begins July 1.

Tomblin submitted updated revenue estimates to lawmakers that predict the “continued downturn in global energy markets”...

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