Negotiators work out final deals on
$5.5 billion state budget
(Columbia-AP) Married taxpayers get bigger breaks in the
five-point-five billion dollar version of the budget
negotiators worked out tonight. The budget also keeps the
school for troubled youth that Governor Mark Sanford wanted
eliminated.
Combining the House and Senate version of the budgets
usually takes a week or two, but this year legislators
disagreed little thanks to good economic news. They also
wanted time to respond to vetoes Sanford has threatened.
He's worried that not enough money would go to restore the
state's reserve funds or trust funds that have been raided to
balance the budget for the past three years. The plan includes
paying back a 155 million dollar deficit that Sanford made a
top priority. The plan also gives all state workers a
raise.
The plan could be finalized Tuesday and on Sanford's desk
by Wednesday.