Budget Watch Part IV: Making Sense of the Governor’s Budget Vetoes
The House voted yesterday to sustain 51 of 107 of Governor Sanford’s vetoes. The result is regarded as a victory for the governor, whose past veto record was lackluster at…
Cut the Budget … By Cutting Length of Session
As the S.C. legislative session finally comes to a close this week, it’s worth asking whether lawmakers are making good use of their time – and taxpayer dollars. As the…
Economic Development Bill Rewards Special Interests Over Independent Businesses
One of the final pieces of legislation that may pass the General Assembly this year is an omnibus economic development bill that provides an array of targeted credits and subsidies…
Budget Watch – Part III: 10 of the Worst New Budget Provisos
The total budget for FY10-2011 is $21.149 billion, comprised of $8.268 billion in Federal Funds; $7.766 in Other Funds; and $5.115 billion in General Funds. The budget is almost half…
Retail Incentives Set Stage for 2 Percent Sales Tax Increase
A few months ago it seemed as if the idea of handing out retail tax incentives was all but dead. But, be warned, the last week of session is the…