Important news from the the South Carolina Policy Council
Five Myths About the General Assembly's State Budget
The General Assembly approved the second-largest budget in state history this week at $20.7 billion. Governor Sanford has until Tuesday to issue vetoes. This budget increases spending more than $700 million above the $19.97 billion the state spent this year.
The budget increases fees on businesses and taxpayers, directs money toward the government-driven "pyramids and pillars" economy, and dramatically increases federal control of state government. Legislative leaders have argued the state is in a severe crisis and that a quick influx of federal cash is the only way to avoid firing teachers and closing prisons. A closer look at the budget reveals that is not the case. Below are some of the myths about this year's state budget, and the truth behind them more
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