State Spending Growth Tops Southeastern Region
The Fiscal Survey of the States, a joint publication of the National Governors Association and the National Association of State Budget Officers was released this month. The reported cited South Carolinas spending growth as among the highest in the nation.
Between 2006 and 2007 South Carolinas General Fund expenditures grew by 18.1 percent. South Carolina’s state spending growth was nearly twice the Southeastern average of 9.7 percent, and more than double the national rate of 8.6 percent growth.