Debt ceiling package would expedite approval of stalled natural gas pipeline project
Would bring millions in tax revenue to W. Virginia
Over the weekend, President Joe Biden and House Speaker Kevin McCarthy (R) reportedly reached a tentative deal to increase the debt ceiling to $31.4 trillion to avoid default.
If Congress approves the debt ceiling package, the pipeline, which is 94% complete, is expected to generate 2,500 construction jobs, $40 million in tax revenue for West Virginia, and $10 million for Virginia. It is anticipated to transport approximately 2 billion cubic feet of natural gas daily to consumers in the southeast.
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