DALLAS -- West Virginia will "go big" on highway projects if lawmakers and voters go along with new Gov. Jim Justice's plan to issue $1.4 billion to $2.8 billion of bonds for transportation needs.

Justice used his first state of the state speech last week to call on lawmakers to raise the state's gasoline tax, almost double the current vehicle registration fees, and add a $1 surcharge on the state's sole turnpike to support the new debt.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.