In South Carolina, less than a third of traffic rides on “good” roads, the S.C. Transportation Department says.
Haley has suggested using the “money tree,” the surplus that is added to the state’s estimated revenues by the time the budget is finalized, to pay for the multibillion shortfall in road needs. But that money – which has averaged $97.1 million over the past three years – would take 442.8 years to raise the sum the state says it needs to repair the state’s roads over the next 26 years.
Sheheen’s plan calls for the state to take 5 percent of its general fund budget – now $7 billion – and add new revenue streams, such as tolls, to pay for roads with an annual addition of $500 million. Sheheen’s proposal would take 86 years to raise the sum needed over the next 26 years.
Both candidates oppose increasing the state’s 16.8-cents-on-the-gallon gas tax. But business leaders and a petition candidate for governor say there is no realistic way to raise the sums that the state needs for road repairs without increasing the gas tax as part of a comprehensive solution.
On the trail
Petition governor candidate Tom Ervin dropped out the race a week before Election Day and endorsed Democrat state Sen. Vincent Sheheen.
Ervin, who dropped out the Republican primary to extend his time to campaign, was polling a distant third in the race. He self-financed his campaign with nearly $4 million in personal and bank loans. Ervin was a Democrat when he served in the S.C. House but switched parties to run for a House seat in 2005. Read more here.
U.S. Senator Lindsey Graham is stumping today in North Carolina for candidate Thom Tillis touring Hendrick Motorsports with Sen. John McCain, R-Arizona.
U.S. Sen. Tim Scott, R-Charleston, to debate challengers a week before Election Day on SC ETV at 7 p.m.
Graham will visit the S.C. Republican Party’s Greenville Victory office at 12:30 p.m. Wednesday
Off to the races
Governor's raceAnn Romney upset with lack of reaction to Sheheen's verbal slip about Haley
Lieutenant governor's race Candidates joust over who has better experience in SC lieutenant governor’s debate
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