State government spending has been on the rise – a path that, if not corrected, threatens to undo recent progress on taxes and erode South Carolina’s competitive edge. For that reason, SCPC has partnered with the Texas Public Policy Foundation for a new project: the South Carolina Sustainable budget.
The idea is simple: government budget increases should be limited to population growth plus inflation. This key metric serves as an indicator of what the average taxpayer can afford to pay for government services.
SCPC Executive Director Dallas Woodhouse is joined by Bryce Fiedler, SCPC senior policy analyst, and Vance Ginn, chief economist at the Texas Public Policy Foundation, to discuss the new project.
Read the report here >>>