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"content" : "Ya'll, thank you very much for coming the [noise] purpose of this is to [no-speech] explain to you my executive budget."
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"content" : "I presume you've all been brief some on [noise] it and I'll, I'll hit half of it and try to answer questions if you have any. #uh First of all, this is, this is something that we know from history and"
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"content" : "and know this is, is actually happening right here in South Carolina because of the economic growth. Economic growth is the thing that solves more problems for more people than anything else. This is the centerpiece in the foundation of the"
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"content" : "of the health and happiness that we're trying to help in our state. And we know from the reagan years and well as the kennedy years before that when you cut taxes, economic growth goes up."
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"content" : "If you want to see details of the ((offer)) who they say he and jack ken taught economics to reagan. he just written another book that goes into it in great detail and statistics about those states at a raising taxes"
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"content" : "how they're not doing well and those that are lower on [noise] the, luring them #uh don't have any, #uh for instance income taxes, I think its seven are like that. #uh They're doing very well and it's a"
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"content" : "it's a good demonstration of what, what we're doing here. we know [noise] that is more and more people get jobs and pay taxes, more money is destined for the state treasury. so if we spend just what we've spent last year"
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"content" : "that means since more is coming in, we know that we'd we'd have extra money or a surplus or new money, called it what you would will. So what I intend to begin doing this year"
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"content" : "is invest some of that new money into [noise] critical priority needs for #uh know~ knowledge-based training and education"
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"content" : "that we need in order to maintain and increase our competitive edge in South Carolina. And so what we, when we invest some of that, what do we do with the rest? We will let the people keep [noise] the rest, keep it in their own pocket."
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"content" : "We have to remember always that it is not the government's money. When you go out and work and you work hard and you get your paycheck, that is your money. The money that"
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"content" : "you're taxed is supposed to be only for certain things that are needed. The more money that you take from the wage earner, the less, the less the economy will grow, the less there would be new jobs and we get in a downward cycle."
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"content" : "Right now, we're in an upward cycle. Right now, with the new tax law in Washington, there are going be cuts, but also is going to eliminate [noise] our #uh interest, #uh mortgage interest"
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"content" : "deduction. #uh Interest, excuse me, #uh [noise] deduction this #uh to the federal #uh the income tax reduction and federal tax. So what does that mean, that is gonna put us at a disadvantage with other states."
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"content" : "And other states as they say don't have any income tax. So the deduction, the elimination that had deduction is not gonna affect them, [noise] it would be just fine with them and we will be saddled in"
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"content" : "with the, [noise] the lack of that deduction. So [noise] what should we do and should we be doing anyway and that is reducing taxes on the people of South Carolina. Let them keep their own money, it is their money."
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"content" : "[noise] You often hear people say, you've heard me say there'll never be enough money in the state government budget to do everything that we vote on to do. There never will be enough. You've heard me say probably"
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"content" : "that is like the, that the government seeking money is like #uh six-foot bed with a four-foot blanket is not enough to cover all those things that the government wants to do. Well in the first place the government that need to do all those things."
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"content" : "And in the second place some of the things the government is doing or if they're doing it efficiently. [noise] But also they have been raising taxes are keeping taxes high and we're thirteenth, we're the highest [noise] taxes in the Southeast"
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"content" : "and the thirteenth highest in the country. That if keeping those taxes what does that do the man and woman pay in the taxes? They're sleeping on a bed too. And they've got a six-foot bed"
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"content" : "and they got a spot four-foot blanket and the more taxes we take from them [noise] is shorter and shorter that blanket gets. I want them to be able to keep their own [noise] money and that's what I'm attempting to do with [noise] this budget."
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"content" : "[noise] We're on the cosper unprecedented prosperity. As you know, in ninty~ in two thousand seventeen alone we're now just more than seventeen thousand two hundred new jobs"
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"content" : "from over a hundred and twenty economic development projects. That represents about four point seven eight billion dollars in new capital investment in South Carolina beating the"
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"content" : "record two thousand sixteen year by more than one billion dollars and over five~ five thousand jobs. Our employment rate is permitted to three-point nine percent the lowest since two thousand and one."
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"content" : "More people are working [noise] than ever before, but that remains much to be done. The recent Tax Reform Bill passed by Congress and signed in law by President Trump was a very great victory for the taxpayers and our economy."
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"content" : "And as a [noise] result we've already seen companies just right here in [noise] South Carolina that have enough reinvestment and provided raises for employees."
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"content" : "The elimination of the federal deduction on state income taxes as I mentioned makes it more important than ever for states like ours to cut taxes and [noise] enact serious change and reform."
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"content" : "South Carolina is the highest income tax [noise] rate of seven percent of all the states in the Southeast and the twelveth highest or thirteenth in the nation. With new, these new changes the federal in this, federal income tax structure,"
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"content" : "we must move and we must [noise] move quickly. If we have to have speed in these, we have all that falling on the states that are trying to get a hitter as fast as they can and they are moving quickly."
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"content" : "But, we have our~ a [noise] superior ability right now to attract new jobs, capital investment, and economic opportunity, and we must act now and we must remove this burden of our high-income tax rate."
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"content" : "My executive budget proposes an income tax cut for every South Carolina that will eventually total two point two billion dollars in five years. That is if we connect"
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"content" : "and I hope it will be. I work to see that is my executive budget proposes an income tax cut for every South Carolinian it will eventually total two point two billion after five years would be faced in over the five years"
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"content" : "and gradually reduce by one percent of seven percent income tax rate. And that is for every income tax bracket. The first year's cut we vote on it this year, it will go into effect the next fiscal year"
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"content" : "will total a hundred and thirty-nine million dollars. That means a hundred and thirty-nine million dollars it would have been taken out of your paychecks will stay in your [noise] paychecks the first year. The second year it'll be that much more."
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"content" : "the su~ third year it'll be a hundred and thirty-nine million more. And until in five years, you've got two-point of citizens of South Carolina's taxpayers have two point two billion dollars in their pockets that they would not have had under current structures."
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"content" : "And the good new is, we can do this [noise] with out cutting government services. Additionally, [noise] my executive bu~ budget permanently and fully exempts military veterans and retired first responders"
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"content" : "that includes state and federal law enforcement firefighters and peace officers, those of the commissioned officers in the prisons from [noise] paying state taxes on their retirement income. There's no way we can"
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"content" : "pay them enough to keep them doing the great work that they do, but this is one way that we say thank you and we can help them retain more, hire more and retain more"
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"content" : "in these very critical jobs to everybody's safety and benefit and that is by using some of the burden of their retirement. We're going in the right direction."
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"content" : "We're cutting taxes, we're growing economically, more people are working, we want bigger paychecks and more of them. And always keep in your mind it's the people's money, it's not the government's money."
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"content" : "Prosperity also replies that we keep increasing our [noise] commitment and investment and skill-trained workforce. We understand the career and financial success,"
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"content" : "we must understand that it can be achieved through internships and apprenticeships. Beginning in high school and contining~ continuing into higher education with associated degrees and certificates from technical colleges"
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"content" : "as well as four years bachelor's degree and beyond. I have spoken to many companies that have come into South Carolina from other places in the US as well as from around the world."
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"content" : "And they all saying the same thing. In this knowledge-based economy, hot tip we have workers who go into big plants they don't carry two bucks is it more of to carry a laptop computers"
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"content" : "and they're making a lot of money. And they can't get that education with a bachelor's degree requires a technical degree than in many cases pay way more and a lot"
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"content" : "[noise] Then jobs that require a lot more academic study, these are good jobs, but we have to be sure that everyone understands it. And we have to be sure that the infrastructure is there to receive those people"
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"content" : "and train [noise] them. We know in South Carolina we have a sixty thousand dollar shortage of people. We actually have companies looking for employees, instead of employees looking for work, there is a gap, it exists in Germany."
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"content" : "It exists in China, it exists all over the world. But without [noise] a great technical college system in the collaborations that we have, we're here of the rest of the country and the world included in that gap."
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"content" : "The budget provides ten millions of dollars in new investment for enhanced [noise] workforce devel~ workforce development initiatives aimed at increasing exposure to the these high paid"
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"content" : "skill-trade jobs that are in dermined all over the place. It also increases access to the training and educational opportunities available to start a career. Specifically, the workforce partnership is what we call it."
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"content" : "There is an initiative which incentivizes local businesses, technical colleges, and high schools. Especially in rural areas of our state to collaborate on internships, dual credits, and certificate programs,"
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"content" : "[noise] designed to develop a skilled labor force and meet the needs of all these businesses and particularly these manufacturers that I've mentioned. New investment for workforce, scholarships, and grants will provide financial assistance for certificate"
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"content" : "programs at a state's national acclaim technical college. [noise] Not long ago, while I was in Washington speaking with Mr. Willbros who was the secretary is the secretary of labor, in three times in one conversation including the press"
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"content" : "conference. [noise] He recognized the state of South Carolina has the best technical college system in the United States. He also said that we're ahead of the other in our workforce development. This is a part of that, but I assure you that others are trying to"
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"content" : "catch up and pass us. We're not the only smart people in the country and they know what they need to do and they're trying to do it. We also [noise] stealing ideas from I'm just as quicly as they stealing it from us when we see a best practice that we adopted."
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"content" : "Our states workforce development strategy must also include an [noise] investment into or criminal justice system this is something that's often overlooked."
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"content" : "[noise] But a key-component of breaking the cycle over surpervision is the power of a job. Workforce training and reentry programs at the department of corrections and department of juvenile justice,"
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"content" : "[noise] the department of probation part in parole services are designed to provide the skills and training to those have, who have paid their debts to society and (()) so that they can keep and get a job in the community."
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"content" : "now let's turn to schools for a moment. we also realize that a part of our success in the future [noise] certainly depends on education, good education from the top to the bottom."
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"content" : "the challenges and changes of this new economy or the knowledge-based economy or digital economy require that we evaluate our education delivery system and the definition of success or failure."
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"content" : "This budget makes a significant investment in education by raising the base student cost via traditional K -twelve system. By recognizing the value of investment in chartered schools"
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"content" : "which provides parents the choice and opportunity to select in education that best suits their children. I've spent time in the last year and more visiting the [noise] school districts and learning,"
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"content" : "listening and understanding the challenges that they face and I assure you that these are things that we can accomplish."
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"content" : "Too often we've seen crime and violence found a way into our schools. We see it on television, we read about it. Fear certainly inhibits learning, a safe learning environment can be enhanced by the"
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"content" : "presence of a certified, trained police officer as a shield again not only disruption but tragedy. This budget provides five million dollars for a need-based grant program for school resource officers."
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"content" : "Every school and every county should have a trained police officer on campus, on duty, all day, every day. Buses,"
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"content" : "school safety also priors safe transportation to and from school. My executive budget doubles the department of educations recurring appropriation for a school bus leasing program."
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"content" : "And requires those funds that we provide to be used for the sole purpose of replacing the inadequate school busses that remain in the states fleet. Starting with the fire-prone ones which are the most dangerous."
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"content" : "I'd like to point out is to the school buses, these school buses are twenty years old. [noise] These school buses were learned to be fire-prone many many years ago. Even before the lottery began."
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"content" : "The time is long past that it put constant steady appropriations in the budgets over twenty years. To cease to it that the children decent school busses"
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"content" : "for that has not has been done I cannot tell you. But I can tell you one way not to do it. And that is to break faith with the people of this state who voted a constitutional amendment to provide a lottery scholarships"
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"content" : "to go to scholarships and scholarships only. For the legislature to take money that has not even come in yet and give it as one-time money it wasn't even sure was going to be there"
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"content" : "to try to patch you up the school bus system when that it was not what was all for us by the people and is not a steady source, is not the right way to run a government."
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"content" : "The right way to run a government if you think it's important then you put it in the budget. You put it on constant funds, recurring funds, and I say again, the legislatures had twenty years to do this."
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"content" : "These are not even the oldest buses, they are just the ones that the way they were made and then all have number and identification you can [noise] pick them out of Atlando. They turned out to be fire-prone"
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"content" : "[noise] what I'm calling for is five million dollars of recurring money, permanent money to be put in every year to go into a lease program to, it's too complicated, it's too expensive to buy them and maintain them,"
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"content" : "we need to lease them, one day we'd need to prioritize the whole system, but the time long past to fix these busses. So I'm telling people of South Carolina, these children, and their parents a word we're gonna take care of this"
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"content" : "We would take care and we would do it the right way. And I'm doing it, I'm determined to do it the right way so it'll stick and so we'll take care of this problem which everybody knew about at least twenty years ago"
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"content" : "and shows not to do anything about it. Every school must have a trained police officer, every school must have school buses. And these good school buses will be for the chartered schools as well. Opioids,"
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"content" : "you know our recently declared public health state of emergency [breath] to bring power of the state's emergency management infrastructure, the health care apparatus including private medical people"
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"content" : "that is not government employees and law enforcement resources to bare and responding to the group growing opioid epidemic. It is an epidemic, we have more people getting killed"
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"content" : "by opioids and then we do buy DUI 's and traffic desks another thing as well. Every year, I think it's over six hundred, it's a, it's a cry in shame. But this [noise] budget address that adding more than"
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"content" : "ten million dollars for treatment prevention and education efforts by numerous agencies participating in the opoid emergency response team. That cost nothing to put that team together."
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"content" : "That's just collaboration, we do that every day and we're trying to do more, it didn't cost anything. And the idea is springing out and the insight says quite something to see the need twice a month."
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"content" : "This will take ten million dollars and put it into those various agencies where it can best be spent for treatment prevention and education. And I remind you the experts and"
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"content" : "people that work in [noise] this area say that it only takes five days of taking those pills and you likely to be addicted. We've had instances all over the state where people would go in for a medical [noise] procedure"
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"content" : "and would they need a painkiller for three to four days and maybe one or maybe none at all, all and get a prescription for ninety opioid pills, ninety, you can kill all, everybody in this room with ninety opioid pills."
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"content" : "But, we've stopped that. we've stopped that. Obviously, the instruction that were, that there will be [noise] no reimbursement anymore than five or those five days worth of [noise] opioid pills. We did that as the first step, we got a long way to go."
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"content" : "But, if the crisis, some states have almost shut down because of that. The budget also recognizes the tremendous difficulties as state healthcare agencies facing, providing increased access to treatment"
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"content" : "while maintaining cost containment and efficiency. The increase domain for autism spectrum therapy requires an investment of [noise] state and federal funds to provide greater access for families."
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"content" : "We must do more than we're doing. The budget also provides additional resources via states' Children's Hospital Network. For medical treatment and examination of child abuse victims."
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"content" : "I've been to [noise] those hospitals, maybe you have too. They have children coming in there that they've been hurt and unless you have the right kind of doctor, the right kind of"
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"content" : "examiner that they can't tell whether the child fell down the stairs or it was actually physically abused by someone. It takes this first special kind of person to be able to recognize the difference."
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"content" : "And all of that behavior and all of that. [noise] We don't have them right now. We need more because if the, if the children's hospitals they say that if they just knew if they had enough people to tell whether these [noise] children"
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"content" : "needed to be under the umbrella of law enforcement instead of just medical treatment, it would make the world a difference. We're gonna do that. Public safety priorities include sanctuary seating enforcement"
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"content" : "[noise] And paying our state troopers overtime pay for protecting us during hurricanes floods and other disasters. They also demand modern forensic analysis and that requires an investment and a new laboratory at"
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"content" : "the State Law Enforcement Division and also our correctional facilities require a source to hire and retain additional prison guards. Those are the things we're working on though. Now as for ethics"
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"content" : "you want me to recall Governor Haley's, General, Attorney General Travis Midler and made a head up the Ethics Reform Commission and we did. And as doctor Bill awer I saw him that day he was on leave with us serving as well."
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"content" : "We made a lot of recommendations. Some other more adopted, others were not. But more need to be adopted. Maintaining the public's trust and government requires transparency and accountability."
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"content" : "That ethics [noise] commission requires a significant investment in resources"
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"content" : "for the expanded enforcement and investigative mission. as you know they have been given that authority, but they can't do it without trained investigators. we're gonna give them too, however, we pay for them that will be by"
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"content" : "an [noise] increased regi~ registration fees for obvious that are all alone"
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"content" : "That's one thing always things ties together who has a family life, strong people, education, beautiful environment, jobs, growing economy."
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"content" : "If people from other places come to look at South Carolina and they see in inadequacies then they look somewhere else. Having adequacy and now we live on somethings, but we're having so many others that they all overlooking."
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"content" : "But, these other states are in a friendly competition with us, so we have to ahead of and that means we got to fix these things. If we have people who have good jobs and healthy lives, we must fix these things."
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"content" : "State government can [click] no longer afford to continue buying and owning and building and vehicles, depreciate and very costly to maintain."
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"content" : "My budget requires state agencies to begin leasing, renting, and consolidating administrative services. This will save money, create efficiencies, and improve effectiveness."
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"content" : "Finally, a year ago is one of the greatest honors for me to begin service as Governor of South Carolina, with that [noise] office comes a broad set of responsibilities."
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"content" : "Formost among them a duty to service as stool of the public trust. The duty is to share with the members of the general assembly."
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"content" : "We have many opportunities and challenges ahead of us is the state and people. But, I [noise] am confident that we have the strength [noise] and we have the spirit [noise], we have the understanding and if we work together"
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"content" : "and know that we can accomplish great things. The success and prosperity we see today all around us is a reflection of our heritage, our strength,"
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"content" : "endurance, our consistents, and philosophy that we all share, and that is one based on strength and determination, celebrated in champion of the people"
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"content" : "of South Carolina. And people all around the country are noticing the special nature of the people of South Carolina. For instance, the chairman of BMW at the twenty-fifth anniversary, has been #uh"
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"content" : "[noise] said South Carolina is a hand-shake state, what's that, sir. He says, when someone from South Carolina gives you their word and shakes your hand, they will keep it. He said, It's the only place to he's [noise] been it's like that."
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"content" : "So we've got a for~ we've got a great future. We've got a great future for our generation and the next and the next, and it's our duty to be sure that we make things even better here then they were when we who've given this great gift by"
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"content" : "our ancestors, which we call South Carolina. And I'm privileged to work with the General Assembly as we've endeavored to build a better tomorrow and happy to be [noise] working for the people of South Carolina."
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"content" : "So that's, that's my executive budget and [noise] the whole lot of details. And I think we've presented some to you a little bit before and also we have more that we can try to give you, but I'll be happy to try to answer your questions, yes ma'am."
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"content" : "Can't do it all at once, we got a six-foot bed and a [noise] four-foot blanket. Everybody [noise] can't get what they want at once, but if we lower taxes on working people in South Carolina. Let them keep their own money, what does that do. Every time we do it in the United States."
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"content" : "In a free economy and what does that do. [noise] They keep having more money that means they will spend more money. That means they can accumulate money, people can open businesses, jobs come up all over the place, grow, the economy grows and you have"
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"content" : "more people working. And paying taxes and that's when you can start lowering those taxes. And that's when we must do it now because of that deduction that income tax deduction is now being taken away from. So we have an income tax,"
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"content" : "some states don't, but their income tax has been taken, the deduction has been taken away from us. So now is the perfect time, [noise] while we're growing, and we're growing, while we're growing and now that we stimulated #uh the loss of that deduction. This is the right time"
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"content" : "to reduce the tax burden on the people of South Carolina. And I'll tell you it adds up if it's just a little bit here and a little bit there before you know it adds up to billions of dollars"
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"content" : "that's going into the state government that is good, that is great in many of its aspects, but it's also wasting money and needlessly spending money that could be better spent in someplace else."
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"content" : "The way to curb the unnecessary growth of government, it is to reduce the amount of money that's going into and that way we will concentrate the money on the important things and let the people keep, keep their money, don't take their money from them."
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"content" : "No ma'am, not at this, no more money and this, this money for #uh teacher pay or anyone else's pay. But there are"
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"content" : "many good ideas [noise] about how to improve our education system. One is by consolidating districts, they don't know, need to be unconsolidated. We have some districts with just a few hundred people in and"
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"content" : "of course, the encumbrance of the board and the administration and in next to it is a, is a bigger one they could easily be, [noise] easily be put in that and save the all those [noise] administrative cause."
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"content" : "The ideas with chartered schools, eve~ home schools, magnet schools, and a lot of these things don't cost any more money. The supreme court decision said that they said, it's not a question of money, it's a question of using the resources we have right. I think we are~,"
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"content" : "our goal needs to be first is to eliminate poverty as much as we can through economic growth. When poverty goes away, a lot of problem goes away. When people have money and health and have jobs, a lot of problems go away."
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"content" : "No, not finished, we have to do it yet, but you'll have more (())."
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"content" : "This is what, this is [noise] involving money. The budget involves money, there are a lot of other things that"
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"content" : "involves a lot of structure changes, criminal penalties, those kinds of things they don't involve money."
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"content" : "We are cutting taxes. In five years, two-point two billion dollars, [noise] cutting income taxes, two-point two billion dollars. In my prediction and those of the economist who has seen it before including"
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"content" : "those that we read about in the, in the #uh Kennedy and Reagan administrations say that the economy is gonna boom and we're gonna go up."
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"content" : "Well if it's easy, you know, we wouldn't have to do it for one time and get it fixed. Sometimes you got to do a lot of knocking before someone will open the door."
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"content" : "But, I think, I think what makes a [noise] difference because I think that we have, we have seen the dramatic impact that these jobs in the economic growth,"
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"content" : "the attractiveness of South Carolina has had own companies all over the world, it's #uh it's amazing. It's thrilling to see these, they bring interpreters into my office to talk about these things"
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"content" : "#uh We are, we're in paradise, we have got the, we got the [noise] world in the former hands. It's like the, it's like the #uh"
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"content" : "they are running back trying to get through the line, as soon as I hold them up soome some of the oppositions blocked out the way you got to run to daylight and that's what we need to do now. We need to run not walk to daylight."
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"content" : "And the way to do that, way to compete where these are the states as to keep getting better and better. And one thing they will get the intention of everyone who wants to invest in South Carolina is not here or who's, who is here and wants to expand their business is a tax cut."
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"content" : "They're just like night follows day. You cut taxes and things happen and so that's what we're gonna do. And the result will be, mark my words, a more vibrant, more thriving economy. That means more people working, more people happy"
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"content" : "and there's less divorces, more marriages, less drug uses, everything. It all gets. Yes?"
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"content" : "Yes, yes, the only good thing that you can the taxes reducing. They need to be reduced."
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"content" : "The more, you must have enough for essential services. And then everything else the money should stay with the people. they are the ones who've earned it, the government has no claim on it."
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"content" : "The government has no right to it, it belongs to the people, they made it, it's theirs. They would be willing to give up enough to give up their money to an honest, efficient, functioning government doing only the things that"
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"content" : "the government is supposed to do. And those are the things that the people are not supposed to do for themselves or can't do for themselves. And the federal government got the Army, Navy, Airforce, Marines, Post office,"
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"content" : "the treasury, those kinds certainly they form policy, they have to do that. But, that's why I have a chain of commands this is everything that's not specifically given to the US government to do the state is supposed to do. Of course, the US government is taken over more and more"
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"content" : "but here at the state level, all the state level, we have the same problem. Is hard it's a natural thing that happens when money is coming in and it's not yours and you over spend it on something."
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"content" : "We've got to reverse its trend and hoping that what we're doing today is a part of a much larger reversal in taking tax money from the people. Taking their money from them"
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"content" : "and wasting it or spending on things we should not be spending on. But the result will be economic growth to control that plenty of money to do the things that we need to do. But, we need to be careful, never to overtax the people and we're doing that now. [no-speech]"
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"content" : "yes,"
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"content" : "I would say I know the wise thing to do is have a permanent appropriation, have it come in from recurring funds"
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"content" : "steady money, not to take you get out of, a, a, a funded. You don't know whether the money is gonna be there or not. When that law was pallazo was past, there was no, the law was,"
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"content" : "there was no telling how much money was gonna be in there. We didn't know that, they were taken, they were, [no-speech] the time to spend money, hoping to spend money that we did not know what's gona even be there. I think that's your response."
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"content" : "This, the money that we're talking about, I'm talking about coming into the board of economic advisors, they certified this, they say this is what I presented today as a balanced budget, that money will be there. In the case of those school buses last year,"
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"content" : "nobody knew that money was gonna be there are not. But, the worst, the, the, part, real fault in that thing is it that money and every penny of it that came in through the lottery which was a constitutional"
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"content" : "was presented to the people in a very simple fashion. Lottery money for scholarships, real simple. Now if you can't trust your money, if, if you can't trust the government to do what it says is going to do."
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"content" : "And we've got a problem, and as you know, you've heard of ethics investigations for years where people were doing things that they shouldn't be doing. But this is the next step where there were advertisements, there were"
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"content" : "broadcast, there were discussions, there were representation promises, over and over to everybody in inserted this money from the lottery would be, we could use, use for a good purpose, #uh this education,"
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"content" : "for the scholarships and as all. Of course, school buses are a good thing, #uh so are a lot of things. So are giving"
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"content" : "more money to the office of of the president also starting some of these programs we're talking about for workforce development. It was all good things, but we're not taking that from the scholarship money because that's not what it was supposed to be used for."
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"content" : "Why don't we have a lottery, take the lottery money and use it for a thousand different things because it wouldn't be there to go for the scholarships. The legislature broke faith with the people the South Carolina when they made that decision."
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"content" : "They shouldn't have done it, but I'm going to, what should be doing is to follow the rules, don't break your word and have the money going for school buses to be money that is appropriated for school buses."
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"content" : "And make less money needed we need to run instead of buying."
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"content" : "Welcome back to Columbia, we're glad to have you and this is a great budget and I hope you've adopted right away everybody and go home. [laugh] [bg-speech]"
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"content" : "Yes [bg-speech] some, some, puzzled some, Haley and some highly favours others are doubtful but polite."
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"content" : "[bg-speech] Cant say that it's rare I'm talking to everybody of course. But, you know good idea doesn't really care whose it is. And these are good ideas, these are ideas that work we've seen it is with, with the,"
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"content" : "it was an enormous opportunity we have in this state that running back when told you back a minute ago that is going to daylight, open up a hole we had one chance to get through that. We don't want to fumble the ball. And the way we can fumble the ball"
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"content" : "and lose the game is by keeping taxes high and not taking actions that #uh described in here in my opinion."
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"content" : "I think #uh as as you know from, from when I was Attorney General and Mark #uh we had an investigation, Haley celebrated, [noise] requested interogate"
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"content" : "of of Governor Sanford back then and I'm sure that there has been all those (()) other times alone so vague. He couldn't tell whether anyone had crossed over the line or not. We need to, we made a lot of recommendations in the ethics reform commission with the"
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"content" : "Haley, I mentioned a little while ago, thinks it would do that, well a few that have been done or mainly allowing the investigation to be done by the ethics commission itself. Of course, don't have enough people or money to do that, so we're tying to fix that."
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"content" : "But, there are a lot of, there are a lot of things that, that must be changed and one of them is it it obvious it shold mot be the titleof the loby it should not be limited to just someone, they're just coming to trying to influence members"
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"content" : "to the legislature, but County Counsel, City Counsel, any kind of legislature and politics decide body to do the obvious disclosing in order to pay that fee and that'll take care, that'll pay for what I was talking about it earlier."
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"content" : "Is that what?"
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"content" : "to cover the tax, that doesn't make sense,"
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"content" : "you're not saying how to pay for the tax cuts"
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"content" : "[bg-speech] don't use that [bg-speech] they won't take the money of what it just be money, some money will not be coming in that is, but the money will be coming in, more money will come in, it'll just be at a lower rate."
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"content" : "There's plenty, that's what I mentioned a little while ago, the, this budget has been certified based on what is coming in. [bg-speech] doing exactly what I said that would be, that would, #uh it be a balanced budget."
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"content" : "So that's a miss, no more we've heard for years and I had started I guess I have he twenties. When there's, when there's, so is tax cut, how are you going to pay for? a lot of people think, that means we got to go out and give somebody to pay for [noise]"
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"content" : "what that means. That is a big miss, no one is misleading because #uh because the average citizen might say we'll give somebody a tax cut, that means I got to pay something. Somebody's got to pay for it, he is not gonna pay for it. What a tax cut is"
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"content" : "just let somebody keep more than own money. You gotta pay for anything."
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"content" : "It depends on, I mean, that, that was, it's obviously that was a mistake."
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"content" : "There should have been a lot of more thought put into that #um and as you know there's a lot of controversy about that now, but, yes it must be changed. My goal from the beginning"
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"content" : "has been to see that we need to get those reactives built or that the people who paid in get their money back. The proposed sale of of mergers, what they call scanner with dominion"
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"content" : "pro~ providing that, I think is one point three billion comes back to those who have paid in, but that still leaves a question of under the base level of viewer they will keep paying for a number of years"
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"content" : "dominion has #uh has offered and scanner has accepted a reduction in that amount. #um There's still a lot of questions that out there, my, my hope is that the people who have plenty of electricity"
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"content" : "and that if those of those who were needed for development. We got to have, that's one of the first questions that people ask when they come, whenever I looked it up poin it is they know the answers. I know that we have, have kept plenty so far."
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"content" : "But, we have to have plenty of electricity for businesses, for home, for everything that we do, but we got to see those people who had absolutely no choice in whether to pay that bill. Whether they"
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"content" : "scan a customer SENG or #uh sciencte I got no choice I can tell you that what they're going to do, they have to get a generator and put it in the yard both of them are not"
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"content" : "So they had no choice, it's not their fault. They shouldn't suffer, they bought something that fell apart on them, they ought to get their money back and I'm gonna do all that I can to see what happens. The other companies [noise] by the way who are interested,"
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"content" : "you know another point that just shows the great interest in this state in this part of the country. All the activities come into the the [noise] South-eastern part of the United States, we're, we are, have great advantages that,"
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"content" : "in the fact of all of these [noise] different power companies or some of the places that we don't know very well. #um we're supposed to be confidential on these things until the companies tell us otherwise."
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"content" : "[noise] We've read a lot of the names in the newspaper anyway, but look I'll keep my promise"
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"content" : "to the fact that they're all interested in all come and experience many visits, some have started in Harvard saying we're not interested and they came back a month later and said, we are came back and say we maybe and make changing, it's quite thrilling to see this kind of interest"
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"content" : "in these enterprises because getting a, getting a [noise] functioning power mechanism in the Southeast right now is a great thing to have because they're not building anymore right now,"
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"content" : "So these big companies were a part of South Carolina because they see is a profitable great place to be. So that's the good news, the bad news is we must deal with this failure"
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"content" : "that we, that we have, #ah inherited."
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"content" : "Well it [cough] it depends [noise] as the're the're a lot of details on this, and costs the scanner executives are saying that if it would repeal they'd have to go bankrupt. What would happen then?"
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"content" : "If a [noise] company goes bankrupt the stock goes down. And that means somebody will come in and buy those stock. They do have an agreement, they just buy it"
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"content" : "because the people had owned it are ready to rid of it and it used to be worth six months got at seventy-two dollars cash thirties I think round up to the forties. But if you go bankrupt, it goes to the base value. You remember"
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"content" : "when a lot of the, when that the banks and others went broken, people had stock in the bank around here back when in the crash. I know one instance #uh a man called up #uh a friend of mine"
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"content" : "and was sobbing saying, last night I went to bed, I was worth ten million dollars, now I'm worth hundred thousand, in one night, where when somebody goes bankrupt that's bad or what happened then, someone could buy that stock #uh for,"
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"content" : "for, pennies or just a few dollars and come in and say, I'm running a power company and [noise] I'm not giving you any, you know money back. I'm not doing any of these. This is my power company and if I can get it through the public service commission then I'm gonna do what I wanted to do."
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"content" : "Then we would be in desperate shape because we've got to have power. So we don't wanna go [noise] bankrupt. #uh But, we don't want to do anything to calls that company to go bankrupt. Maybe they would, maybe they wouldn't. As I have said there are a lot of"
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"content" : "[cough] there are a lot of companies and a lot of people that are interested #um Dominion is not the only one is a very good company. But, I think all of this, we got a long way to go in this. and, but,"
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"content" : "But Santee Cooper needs to be sold. There's no way that the people of, the customers of Santee Cooper will get their money back or part of it. Except, maybe pennies unless that very fine asset is sold money is the link"
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"content" : "I'm not selling [noise] the lakes. But, if that is not sold, there's no way they got eight billion dollars worth of that. In order to repay that they would have to raise their [noise] rates on their customers right now dramatically."
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"content" : "And that is not acceptable. [noise] So we, a government should not be into private business anyway. Back when Santee Cooper was invented during the rose years, thirties and forties, we needed it. It served a great purpose."
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"content" : "put rates here, cut rates [cough] to make up the part of the money, but others are offering a lot. Billions and billions of dollars you probably read about it in a newspaper. they were not the last enough I don't know."
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