And I think this is why it's so important for the states, because if we don't comply with the rating agencies and what they're asking us to do in terms of the industries that are so critical to a state like West Virginia, which We reap easily a billion dollars, a quarter of our budget is from coal, oil and gas severance taxes. It's going to cost us more money to build roads, hospitals, and schools, which we have to bond out. (01:53–02:00)
CLAIM
Asserts that a quarter of West Virginia's budget comes from coal, oil, and gas severance taxes.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.