"When California announced that it was broke, nobody was really surprised. After all, they spend money foolishly.
The proposed FY2010-2011 South Carolina Budget is filled with examples of how South Carolina has been spending money at a record pace, and yes spending our money FOOLESHLY! If not for the Federal Stimulus money this year, South Carolina would have had to cut even more than the Governor’s existing cuts. By examining the proposed budget, you can only conclude that without stimulus money in 2011 (which will NOT happen), South Carolina must either raise taxes significantly, or make another round of severe cuts. The current requests will really hurt certain groups, including retired state workers. The next round of budget cuts will no doubt be felt by EVERYONE!"
