16 June 2009

W.Va. Lawmakers Warned about Economy

Manchin administration budget officials have told legislators this week to "expect the recession to continue to hurt the state's economy for at least another year," The Associated Press reports.

The officials cite several general revenue taxes that serve as economic indicators. The paltry returns from one of these, levied on property transfers, "suggest the state hasn't yet hit economic bottom," the article said.

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