Emergency Session Set For October 20
South Carolina lawmakers will reconvene the week of October 20 to begin addressing budget reductions necessitated by plummeting state revenues, sources tell FITS.
The state’s revenue estimates were chopped once again earlier this week by the Board of Economic Advisors, which said more cuts are needed on top of a 3% across-the-board reduction already implemented by the State Budget & Control Board.
Have lawmakers - who blew through tax dollars over the last four years at unprecedented levels - finally learned their lesson?
We’ll find out beginning October 20, it appears …
Comments
By Not Sayin', Just Sayin' on October 10th, 2008 at 1:27 pm
How much money would the state save if it cancelled the rest of the Clemson’s football season? I mean, it shouldn’t be a big deal since the team and coach already have.
By Not Sayin', Just Sayin' on October 10th, 2008 at 2:17 pm
How much could the state save by cutting out Tommy Boutdone’s salary?
By Advice for lawmakers on October 10th, 2008 at 4:24 pm
Here is a good way to put real money into the state coffers. The state legislature gave the State Ports Authority approx. 160 million dollars 2 years ago for a port access road in Charleston.
The SPA is losing container volume year after year after year. The SPA is only operating at 50% of its existing capacity.
Today, in the Charleston paper, Maersk, the SPA’s largest container customer, wants to leave Charleston entirely unless we taxpayers help give them a financial break.
Take back the road money , and let private companies operate our public port terminals so we can get a check each year from the private operators.
I realize this is simple common sense but please consider it anyway.
By Carl on October 10th, 2008 at 7:02 pm
While I applaud your logic…history shows that if a business deal doesn’t make sense and costs the taxpayers millions then somebody (Harrell, Cooper, and Leatherman) are most likely profiting in some fashion. Too often deals are struck by greed and ego, unfortunately common sense never factors into the equation.
By rick on October 11th, 2008 at 2:57 pm
Better idea…we advocate tying CEO’s salaries and bonuses to possitive metrics, suggest the the elected officials be tied to same type metric…if the taxpayer receives a rebate after all projects are funded, then they get a bonus….on the other hand, if they fail in their responsibilities (I would say spending like drunken sailors, but that would cast aspersions on sailors), then they need to make up the shortfall out of their salaries, if they’ve been so foolish to exceed their salaries, then indentured servitude until the debt is paid to the citizenry. Think we’d have a balanced budget with minmum of pork?