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Budget Vetoes: Were lawmakers even there?

THE BUDGET VETO “DEBATE” INVOLVED PRECIOUS LITTLE DEBATE If you followed the coverage of the governor’s budget vetoes – rallies outside the State House, op-eds denouncing specific vetoes – you might had the impression that the debate was contentious inside the legislative chambers. It wasn’t. Both House and Senate ran through 81 budget vetoes in …

What Did – and Didn’t – Gov. Haley Veto?

$57.1  MILLION SOUNDS LIKE A LOT. BUT IS IT? The release of the Governor Nikki Haley’s vetoes for the 2012-2013 budget has predictably been met with cries that the governor is a proponent of unnecessary austerity and wants to destroy or at least severely reduce vital state programs. Do the governor’s critics have a point? …

The State Budget: Your priorities – or theirs?

YOU’RE A TAXPAYER? SORRY, YOU DIDN’T MAKE THE PRIORITY LIST This year, the General Assembly had more than $1 billion in new revenue to appropriate. The final version of the $23.5 billion spending plan, therefore, should be an excellent gauge of lawmakers’ priorities. Here’s what we know: Lawmakers created 250+ new full-time government employees; gave …

Senate Budget Priorities: The Un-funded Tax Relief Reserve Fund

The Senate has passed their version of the budget, and it is now headed to the House for a final vote there. The budget includes an un-funded tax relief reserve fund in addition to other concerning expenditures. Lawmakers ignored the fund, and instead their priorities lie with questionable state agency budget increases, pork spending on …

Health and Human Services Director agrees with the Policy Council

Our coverage of the health care debate, beginning in October of last year, dispelled the myth of a free market health exchange and highlighted the growing costs associated with the Affordable Care Act, or Obamacare.  It appears the Director of the Department of Health and Human Services (HHS) is on the same page as we …

Who should manage the OPEB funds?

You probably are like many other South Carolinians who haven’t heard of the little-known OPEB trust fund.  The OPEB, Other Post Employment Benefits, trust funds consists of:  a health insurance trust fund ($582.4 million) and a life and long-term disability ($35 million) trust fund. Currently, the State Treasurer manages the funds, whose unfunded liability was …