South Carolina government agencies have spent a total of $4.25 billion in federal “stimulus” funds through August 31, 2011 – according to the latest information made available by the S.C. Comptroller General’s office.
Now that this massive investment in government is winding down, though, has it accomplished its objective? In other words, has it “stimulated” the [...]
SC “Stimulus” Total Climbs To $4.25 Billion
$2 Billion Spent On SC Stimulus … So Far
By FITSNews || As Palmetto state lawmakers complain about budget shortfalls, a new report shows that government agencies in South Carolina have received a whopping $2 billion in so-called “stimulus” funds over the past thirteen months – a tab that’s still growing and which doesn’t include billions of dollars in federal funds doled out directly [...]
SC Fares Poorly In “Stimulus” Transparency
By FITSNews || At this point, it’s transparently obvious that the $1 billion (and counting) in federal “stimulus” money dumped into South Carolina’s state government has done absolutely nothing but make matters worse for our state’s economy.
South Carolina’s unemployment rate is through the roof, and its revenues are plummeting – a sign that income levels [...]
8,100 “Stimulus” Jobs In SC? Where?
The administration of U.S. President Barack Obama says that 8,100 jobs have been “saved or created” in South Carolina thanks to the $787 billion bureaucratic bailout it passed back in February.
The South Carolina office that has been tracking stimulus funding isn’t so sure, however.
“I don’t know that we will ever have numbers that we have [...]
It’s Raining Stimulus Money In SC
South Carolina government agencies have received over $600 million in federal stimulus money already this fiscal year, according to data released Wednesday by S.C. Comptroller General Richard Eckstrom. Obviously, all of that money was spent long before it arrived, as the S.C. General Assembly appropriated it months ago in the state’s $20.7 billion budget.
Here’s the [...]
SC “Stimulus” So Far
South Carolina state government has received $442 million in federal “stimulus” funds so far this year, a small slice of the estimated $8 billion the state and its local municipalities will receive over the next two years.
According to Comptroller General Richard Eckstrom’s office, the lion’s share of this initial total – $309.5 million – went [...]
Bobby Harrell Pimps The Fear
After a painful 2008 that saw his gubernatorial ambitions squelched and his king-sized ego battered and bruised, S.C. House Speaker Bobby Harrell (RINO-Charleston) has stayed mostly below the radar this year.
Until this weekend.
In a guest column published in La Socialista (a.k.a. The State newspaper), Harrell blasted Gov. Mark Sanford for “touting ideology over sound governing [...]
A “Stimulus” Compromise?
Sources close to South Carolina’s top GOP politicians tell FITS that a compromise is in the works that would permit over $700 million in federal bureaucratic bailout (a.k.a. “stimulus”) funding to go toward non-recurring expenses – and that Gov. Mark Sanford is preparing to reverse his previous position and jump on board with the deal.
Of [...]
Where Did This Money Come From?
The dire predictions of what will happen to “the state of South Carolina” if Gov. Mark Sanford follows through on his threat to reject $700 million of bureaucratic bailout money are neglecting one thing – well, make that 578 million things.
Or more precisely, $578 million.
Sanford and several State Senators backing his play joined together today [...]
