Haley budget plan would shift more to roads and reduce taxes
Haley’s 63 billion budget proposal would raise general fund spending about 3 percent based on 2013 14 tax projections. It calls for cutting the 6 percent income tax bracket to provide relief and redirect revenues toward highways while opposing further motor fuel tax increases. The plan relies on spring revenue revisions and aims to address a multibillion dollar transportation funding gap over 20 years.
MENTIONED IN THIS ARTICLE
Fords
Haley
Board of Economic Advisors
State Transportation Department
House Approves Defense Bill Amid Pentagon Objections
The House approved a $633 billion defense bill by a 315 to 107 vote despite Pentagon concerns that it spares outdated weapons. The legislation, sent to the Senate, includes about $17 billion more than prior funding and highlights support for war efforts in Afghanistan.
MENTIONED IN THIS ARTICLE
Washington
House
Pentagon
Senate
Jay Carey
Afghanistan
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