{"id":119670,"date":"2023-03-24T08:00:44","date_gmt":"2023-03-24T12:00:44","guid":{"rendered":"http:\/\/kendallharmon.net\/?p=119670"},"modified":"2023-03-24T05:36:09","modified_gmt":"2023-03-24T09:36:09","slug":"the-state","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=119670","title":{"rendered":"(The State) South Carolina\u2019s top accountant to resign after $3.5B accounting error"},"content":{"rendered":"<p>South Carolina\u2019s top accountant Richard Eckstrom says he will resign effective April 30 after disclosing to state lawmakers that he inflated the state\u2019s cash balances for a decade, eventually reaching about $3.5 billion. <\/p>\n<p>In a Thursday resignation letter to Gov. Henry McMaster, the comptroller general reiterated his advocacy that the Legislature move forward on legislation for a constitutional change to make his position appointed by the governor, rather than elected every four years by the voters. \u201cOver the course of my time in public office I have taken great pride in the responsibility trusted to me,\u201d Eckstrom, 74, wrote in his letter to McMaster, obtained by The State Media Co. <\/p>\n<p>\u201cI have been humble in my approach to the job an attribute I hope our constituents have recognized and will remember.\u201d Eckstrom\u2019s early resignation means the General Assembly will nominate and elect the next comptroller general during a joint assembly to be scheduled at a later date. Eckstrom\u2019s leave also means he\u2019ll avoid a trial in the Senate, a hearing legislators were soon going to announce would start April 11.<\/p>\n<p><a href=\"https:\/\/www.thestate.com\/news\/politics-government\/article273498330.html\">Read it all<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">South Carolina\u2019s Comptroller General Richard Eckstrom has told Gov. Henry McMaster he plans to resign effective April 30 after he disclosed a $3.5 billion accounting error that stretched for a decade. <a href=\"https:\/\/t.co\/0THLb5Uhxl\">https:\/\/t.co\/0THLb5Uhxl<\/a><\/p>\n<p>&mdash; The State Newspaper (@thestate) <a href=\"https:\/\/twitter.com\/thestate\/status\/1638913497433030657?ref_src=twsrc%5Etfw\">March 23, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Carolina\u2019s top accountant Richard Eckstrom says he will resign effective April 30 after disclosing to state lawmakers that he inflated the state\u2019s cash balances for a decade, eventually reaching about $3.5 billion. In a Thursday resignation letter to Gov.<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=119670\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,54,149,168,619],"tags":[],"class_list":["post-119670","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-south-carolina","category-economy","category-ethics-moral-theology","category-state-government"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/119670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=119670"}],"version-history":[{"count":3,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/119670\/revisions"}],"predecessor-version":[{"id":119673,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/119670\/revisions\/119673"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=119670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=119670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=119670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}