South Carolina will need to spend nearly $22 billion more than it plans to over the next ten years to make roads and bridges safer and adequate enough to withstand projected growth, says new report released today by TRIP, a national
nonprofit transportation research group based in Washington, D.C.
According to the TRIP report, the South Carolina
Department of Transportation estimates that from 2007 to 2016, $28.2 billion is needed to relieve congestion, improve road conditions, make needed bridge repairs and implement needed safety enhancements. But SCDOT estimates $6.3 billion will be available during that period. That leaves a shortfall of roughly $21.9 billion.
This shortfall, the report says, is exacerbated by sharply increasing highway construction costs.
I know what to do: let's cut taxes! That'll solve it!
Posted by: JimT | 14 May 2008 at 05:51 PM
and why is Sanford fighting raising taxes on cigarettes when the lifeline to the state is $22B in the hole?
Anyone?
Anyone?
Posted by: wtf | 14 May 2008 at 07:30 PM
The lottery is state supported gambling.
Video poker generated over $315 million a year in $$$$$$$$.
The state reminds me of the parent who says, "don't do as I do but as I say do".
What a double standard. I saw a t-shirt for sale last week. It had the following printed on it, "If you think that you can trust the goverment, just ask an indian".
Before anyone says anything, he was selling the t-shirt.
My point is, we could sure use that money now.
Posted by: Morons - Them, Us or U | 17 May 2008 at 03:47 PM