SUNDAY BUZZ: Gas tax hike gaining support but is it gaining votes?

Posted by ADAM BEAM on February 2, 2014 

Oil Prices


— A growing number of S.C. Republican lawmakers say the state needs to increase its gas tax to pay for roads.

But that doesn’t mean they will vote for it.

It is hard to overstate the state’s road-funding problem. The Department of Transportation says the state needs $48.3 billion to maintain and repair roads and bridges over the next 20 years. But federal highway money and the state’s gas tax, the money used to pay for those roads, will bring in only about $19 billion during that period, according to estimates.

That leaves a $29 billion shortfall.

Read more plus other South Carolina political chatter in the Sunday Buzz.

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