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Haley says 'money tree' can fund South Carolina roadwork

Her plan for 2014-15 is based on state advisors' current predictions for tax collections.

The Associated Press

1/14/2014

COLUMBIA, S.C. — Gov. Nikki Haley wants to fund road and bridge construction in South Carolina through tax collections that aren't yet projected.

Haley again Monday rejected the idea of raising taxes for roadwork, saying the state must live within its means.

Her plan for 2014-15 is based on state advisors' current predictions for tax collections. It includes no money for bridge and road construction. But legislators usually get more money to allocate when advisors' revise their estimate in the spring. The difference could top $100 million.

Haley says that "money tree" could provide more than $1.3 billion over the next decade through taxes and bonds.

The Department of Transportation has estimated it would cost $30 billion over 20 years to get all of South Carolina's roads and bridges to good conditions.

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