Post by pavel on Jan 16, 2016 0:46:49 GMT -6
COLUMBIA -- Gov. Nikki Haley wants to start phasing in a 10 cent-a-gallon gas-tax increase and a huge cut to the state’s income tax.
Haley’s proposal for the state budget, unveiled Friday, outlines her priorities for the state’s fiscal year that starts July 1 — a year when the state will have more than $1 billion in added revenues. S.C. lawmakers will begin writing the state budget next month.
The Republican governor wants to spend $345 million more on roads, including $231 million in one-time money and $49 million from her proposed gas tax increase, to be phased in over three years.
Haley’s road-spending proposal is just shy of the $400 million a year in added spending that she says is needed to maintain S.C. roads and bridges. However, it is only about a quarter of the $1.5 billion a year in added spending that the state Transportation Department has estimated it needs to repair, maintain and expand the state’s roads, bridges and mass transit systems.
Read more here: www.thestate.com/news/local/article54870010.html
Haley’s proposal for the state budget, unveiled Friday, outlines her priorities for the state’s fiscal year that starts July 1 — a year when the state will have more than $1 billion in added revenues. S.C. lawmakers will begin writing the state budget next month.
The Republican governor wants to spend $345 million more on roads, including $231 million in one-time money and $49 million from her proposed gas tax increase, to be phased in over three years.
Haley’s road-spending proposal is just shy of the $400 million a year in added spending that she says is needed to maintain S.C. roads and bridges. However, it is only about a quarter of the $1.5 billion a year in added spending that the state Transportation Department has estimated it needs to repair, maintain and expand the state’s roads, bridges and mass transit systems.
Read more here: www.thestate.com/news/local/article54870010.html