SC

SC: More Money, Mo Problems

MORE KINDLING … || By FITSNEWS || South Carolina’s big-spending “Republican” leadership has another $87 million to spend courtesy of better-than-expected tax returns.  And yes, that’s on top of all the other surplus money legislators are swimming in these days. In other words the state’s $26 billion budget (which doesn’t include $1.2…

MORE KINDLING …

|| By FITSNEWS || South Carolina’s big-spending “Republican” leadership has another $87 million to spend courtesy of better-than-expected tax returns.  And yes, that’s on top of all the other surplus money legislators are swimming in these days.

In other words the state’s $26 billion budget (which doesn’t include $1.2 billion in reserve accounts) is about to get even bigger.

Oh wait … you thought “surplus” money (a.k.a. money politicians don’t appropriate in the annual budget) got returned to you?

LOLz ….. don’t be silly.

They spend every cent of it …

“We’re likely to see continued growth for a while based on what we’re seeing,” S.C. comptroller general Richard Eckstrom (yes, that Richard Eckstrom) told the Associated Press last week.

Wait … really?

So … how will South Carolina’s “Republican” leaders spend this new $87 million?  Easy: Every cent of it will be plowed back into our worst-in-the-nation government-run school system, a duplicative and inefficient higher education system, bailouts for wealthy corporations, shady ‘economic development‘ deals and … lest we forget … dozens of exorbitantly expensive and totally unnecessary highway projects.

Yay, Palmetto State.

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8 comments

Rocky Verdad August 24, 2015 at 12:43 pm

I’d like to see an interestate highway built from Aiken to Allendale. That would really help spur growth.

Reply
Andy August 24, 2015 at 1:06 pm

How about give state retirees a freaking desent cost of living raise instead of big bonuses to the fat cats morons!!!

Reply
Self Absorbed Politicians August 24, 2015 at 1:13 pm

I fail to see how that’s going to translate into more money in OUR pockets.

Reply
flip August 24, 2015 at 2:40 pm

How about you be glad you have a job and if you want a raise stop leeching off the taxpayer and go be productive instead in the private sector?

Reply
You already get one August 24, 2015 at 3:04 pm

Retirees already get a cost of living increase every year thats codified in the law. How about a CoL adjustment for state employees, or better yet a rebate to the tax payer. most working people dont get a raise every year

Reply
Jimmy August 24, 2015 at 9:09 pm

Idiot.

The retirees paid too little into the system and are breaking the system. My wife retired after and was in TERI. it was like winning a lottery. Fat city all the way!

Reply
karenakelch August 25, 2015 at 1:17 am

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Reply
Andy August 24, 2015 at 8:08 pm

The retirement debt is $18 billion dollars. Eckstrom evidently does not know that $87 million is less that $18 billion. What an idiot.

There is not a surplus.

Reply

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