This week, I received unanimous consent to remove my minority report from s. 1431, borrowing plan to dredge the Port of Charleston.<\/p>\n
The project to dredge the Charleston Port will cost approximately $300 million ($180 state and possibly $120 million Federal). The SC House committed $180 million of funds on hand. S.1432 would raise the debt ceiling and borrow $120 million to fund the Port of Charleston dredging if the Federal Government does not send the $120m. I didn’t vote for it, but it got 2nd and 3rd reading. I voted “nay” on both readings, but it passed. <\/p>\n
Why did I do this? I’ve gotten a firm commitment from Leadership that there will be an additional debt payment of $20 million on a unfunded liability, opeb. This is the other post employment benefit for state retirees. I wanted a guarantee of the same payment for the next 5 years equaling the $120 million, but I could not get this.<\/p>\n
The votes for special order are there and the votes for cloture (if I filibustered) are there too. I’ll chalk this up as a tiny victory for the taxpayers of future generations. However, I think we’ve exposed the debt problem we have in this state and hopefully, we can continue this debate, and give our children less debt.<\/p>\n","protected":false},"excerpt":{"rendered":"
This week, I received unanimous consent to remove my minority report from s. 1431, borrowing plan to dredge the Port of Charleston. The project to dredge the Charleston Port will cost approximately $300 million ($180 state and possibly $120 million Federal). The SC House committed $180 million of funds on hand. S.1432 would raise the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":{"0":"post-8389","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-uncategorized","7":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p2gEQ0-2bj","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/posts\/8389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/comments?post=8389"}],"version-history":[{"count":5,"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/posts\/8389\/revisions"}],"predecessor-version":[{"id":8519,"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/posts\/8389\/revisions\/8519"}],"wp:attachment":[{"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/media?parent=8389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/categories?post=8389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/tags?post=8389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}