Smoke coming from steering wheel! '92 Hatchback
Hello I was driving today, it was fine at first, then as I was waiting at a light I noticed it was a bit louder than normal and I smelt something weird. I didn't know it was my car I went to turn a corner to realize my signals weren't working, neither were my emergency lights. Then smoke started pouring out where the signal switcher is. I went to a parking lot and turned my car off. Turned it on again (had some trouble doing that). I was almost home so I was going a bit faster then even more smoke was coming out than before. I had a friend with me, he looked at my fuses and said none of them look like they were burnt or anything. Nothing was overheating under my hood.
What is the problem? And approximately how much will it cost to fix?