How much: $2.2 billion + “a whole lot more” every year
By Bill Davis, senior editor | South Carolina is looking at a massive shortage of revenues in the face of mounting annual needs that could affect taxation and programs such as K-12 education, roads and more.
How much does the state need annually that it doesn’t currently bring in? More than $2 billion more a year – every year -- Statehouse insiders said.
In fact after years of ignoring the magnitude of the state’s growing challenges from roads to education to health care, things have gotten so big that one key state lawmaker joked it might take a Christmas miracle to make things right.
↧