Santee Cooper bailout?
Santee Cooper is again proving it’s an unaccountable state agency operating in the shadows. For years, the state-owned utility has promised that South Carolina taxpayers won’t have to bear the burden of the nuclear debt. So much so that one of its “Facts are Facts” blog posts is titled “Taxpayers Are Not Responsible For Our Debt.” To quote the post, “FACT: Our debt will be paid off through our revenues, and not by tax dollars.” Lies. Last month Santee Cooper filed a lawsuit against the SC State Fiscal Accountability Authority and the SC Insurance Reserve Fund in an effort to recover the money it lost in the V.C. Summer nuclear fiasco. Both are state agencies. So that means Santee Cooper is seeking a bailout from the state, plain and simple. Many have suspected that this would happen. Santee Cooper kept denying it. The truth always comes out. Santee Cooper can’t fix itself and will have to depend on taxpayers to dig itself out.
On behalf of the United Steelworkers Local 7898, its gives me great pleasure to endorse the Honorable Sheriff Carter Weaver for Sheriff. I’ve known Carter Weaver for over 25 years. Weaver, working along side our former dedicated and committed Honorable Sheriff Lane Cribb, will continue the professionalism that he witnessed being conducted by the Honorable Sheriff Lane Cribb. Weaver, with his knowledge and experience, will continue the tradition of protecting the citizens of Georgetown County. I’m asking everyone to please take the time to make your voice heard and vote for Sheriff Carter Weaver on Election Day, Tuesday Dec. 3.
President United Steelworkers-Local 7898,
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