At first glance, SB 722 might seem like a win for infrastructure, with its promise of tax credits for short line rail companies. But Governor Morrisey wisely recognized that fiscal responsibility comes first. With the state already facing tight budget constraints, offering more targeted tax credits without broader tax reform undermines the conservative goal of limited government and sound budgeting.
This veto reflects conservative values: no handouts without accountability, no spending without justification. Targeted credits often distort the market, picking winners and losers instead of fostering broad-based growth. Without a clear way to pay for them or proof of return on investment, such credits become little more than feel-good policy with long-term consequences.
Morrisey’s refusal to saddle taxpayers with new fiscal liabilities shows the kind of discipline that earns trust. Conservatives should applaud his decision to veto SB 722, keeping West Virginia on the path toward sustainable economic policy rather than slipping into debt-driven development gimmicks.
