Apr 14 2008
Sanford Issues Balanced Budget Plan
Gov. Mark Sanford proposed a three-pronged plant to ease the impact of cuts the House and Senate spending plans include in a year where revenues are down $90 million.Sanford wants lawmakers to:
- Eliminate the the competitive grants program, which provides cash for lawmakers to devote to local projects. Eliminate the grants program would free up $18.5 million.
- Use the GEAR Commission recommendation to tap $10.5 million from the state Budget and Control Board’s $323 million “rainy day” funds
- Defer a $20.5 million proposal to create regional farmers markets around the state.
An excellent plan by Sanford and exactly what the State Assembly asked for. Now the question is will they follow his recommendations or try to protect their fiefdoms.
