South Carolina State budget crisis deepens

South Carolina’s budget woes got even worse Tuesday when government spending was slashed by another 5 percent, leaving agency directors to decide between layoffs, employee furloughs and turning away the state’s downtrodden.

The Budget and Control Board voted 3-2 to cut $238.2 million from the state budget, which has fallen from $6.7 billion to $5.1 billion in less than two years.

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Posted in * Economics, Politics, * South Carolina, Economy, Politics in General, State Government, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--

One comment on “South Carolina State budget crisis deepens

  1. Alta Californian says:

    Gee, if this post was about California there would be half a dozen comments bashing my state by now. But when it’s South Carolina you can hear the crickets.