Gov. Sanford Unveils Spending Clock NEW DISPLAY WILL SHOW HOW FAST BUDGET SPENDS SOUTH CAROLINIANS’ NEW TAX DOLLARS

Columbia, S.C. – April 23, 2007 – Governor Mark Sanford today unveiled a new spending clock, aimed at displaying just how fast the state budget is spending new tax dollars coming into Columbia this year.

This week, the Senate will begin debate on its budget, which as of right now contemplates spending nearly all of the $1.3 billion in new money coming into Columbia this year, while only providing $54 million in tax relief to hard-working South Carolinians. By contrast, the governor’s spending plan called for $205 million in income tax relief, while the House’s spending plan called for more than $80 million in tax relief.

That rate of spending growth translates into roughly $33 per second – more than $2.8 million spent per day. The governor said the spending clock is an important illustration of just how fast that money is being spent, particularly in light of how little tax relief the Senate Finance Committee’s budget would provide.

“This clock provides a fairly startling reminder of just how fast an average South Carolinian’s hard-earned dollars are being spent in Columbia,” Gov. Sanford said. “Our state’s budget is poised for yet another year of double-digit growth after growing by more than 25 percent over the past two years. That’s a rate of growth that far exceeds the growth in the average South Carolinian’s paycheck, that far exceeds the growth in the national economy, and that’s unsustainable by any measure. As the Senate begins its budget debate this week, I’d ask that conservative Senators make their voices heard about the need for more in the way of tax relief and less in the way of government spending, so that we can return more of these dollars to hard-working people of this state.”

Currently, the Senate budget would return only about three percent of new dollars to South Carolinians in the form of tax relief. The budget also only puts $205 million toward state’s $9 billion unfunded retiree healthcare liability, compared to the $439 million recommended by Gov. Sanford toward that debt. In addition, the Senate Finance Committee’s budget contains $242 million in annualizations – the use of one-time money for ongoing expenses – compared to $73 million in the governor’s budget plan.

The spending clock will continue to be displayed outside the Governor’s Office throughout the budget process.

Gov. Sanford Unveils Spending Clock NEW DISPLAY WILL SHOW HOW FAST BUDGET SPENDS SOUTH CAROLINIANS’ NEW TAX DOLLARS

Columbia, S.C. – April 23, 2007 – Governor Mark Sanford today unveiled a new spending clock, aimed at displaying just how fast the state budget is spending new tax dollars coming into Columbia this year.

This week, the Senate will begin debate on its budget, which as of right now contemplates spending nearly all of the $1.3 billion in new money coming into Columbia this year, while only providing $54 million in tax relief to hard-working South Carolinians. By contrast, the governor’s spending plan called for $205 million in income tax relief, while the House’s spending plan called for more than $80 million in tax relief.

That rate of spending growth translates into roughly $33 per second – more than $2.8 million spent per day. The governor said the spending clock is an important illustration of just how fast that money is being spent, particularly in light of how little tax relief the Senate Finance Committee’s budget would provide.

“This clock provides a fairly startling reminder of just how fast an average South Carolinian’s hard-earned dollars are being spent in Columbia,” Gov. Sanford said. “Our state’s budget is poised for yet another year of double-digit growth after growing by more than 25 percent over the past two years. That’s a rate of growth that far exceeds the growth in the average South Carolinian’s paycheck, that far exceeds the growth in the national economy, and that’s unsustainable by any measure. As the Senate begins its budget debate this week, I’d ask that conservative Senators make their voices heard about the need for more in the way of tax relief and less in the way of government spending, so that we can return more of these dollars to hard-working people of this state.”

Currently, the Senate budget would return only about three percent of new dollars to South Carolinians in the form of tax relief. The budget also only puts $205 million toward state’s $9 billion unfunded retiree healthcare liability, compared to the $439 million recommended by Gov. Sanford toward that debt. In addition, the Senate Finance Committee’s budget contains $242 million in annualizations – the use of one-time money for ongoing expenses – compared to $73 million in the governor’s budget plan.

The spending clock will continue to be displayed outside the Governor’s Office throughout the budget process.

travel-swine.com news bulletin
Columbia, SC – Legume Air, Inc., Porkyard Resorts International, and the State of South Carolina have announced a partnership for the Southeast’s newest tourist attraction, the Green Bean Museum in Lake City. At a joint press conference with Legume Air and Porkyard Resorts spoke Sen. Kevin Bryant (R-Anderson) “My constituents are ecstatic. The phone has been ringing off the hook demanding tax increases to earmark these kinds of projects. One constituent from Powdersville suggested we consider a Pork & Bean Museum to compliment the Green Bean Museum.” Bryant later added: “Next year, I’ll be pursuing funding for a similar project in my district, ‘The Duck Strut’”. “This yearly festival will feature the ducks of Cater’s Lake and hot air balloon festivities. The project will be supplemented with local impact fees and an increase in grocery taxes. Also, they appreciate the surprise effects of good-ole-boy back-room deals.”

“This incredible tourist attraction has caused us to put off all plans to focus on the expected demand for direct flights to Lake City. We initially have 2 daily direct flights from JFK, LAX & Seattle-Tacoma to Lake City,” said Henri Mariana, Legume Air Expansion Vice President.

Porkyard Resorts International representative, Butch Carlisle was just as optimistic. “Our partnership with Legume Air will be the highlight vacation package of 2008. Our new Porkyard Resort will begin with 4 presidential suites, 25 executive suites, and 257 standard rooms. Our next step is to request a line item in next year’s budget for resort expansion.” Carlisle added: We were overwhelmed the good people of South Carolina are progressive minded enough to fund the Green Bean Museum. The taxpayers of South Carolina don’t seem to mind at all. This year, they are turning down any refunds of the expected nearly $1.5 billion. They’d rather see the money spent by their trusted General Assembly’s shadow earmarks and slush funds on wonderful projects like the Green Bean Museum.”

David McIntosh of travel-swine.com

travel-swine.com news bulletin
Columbia, SC – Legume Air, Inc., Porkyard Resorts International, and the State of South Carolina have announced a partnership for the Southeast’s newest tourist attraction, the Green Bean Museum in Lake City. At a joint press conference with Legume Air and Porkyard Resorts spoke Sen. Kevin Bryant (R-Anderson) “My constituents are ecstatic. The phone has been ringing off the hook demanding tax increases to earmark these kinds of projects. One constituent from Powdersville suggested we consider a Pork & Bean Museum to compliment the Green Bean Museum.” Bryant later added: “Next year, I’ll be pursuing funding for a similar project in my district, ‘The Duck Strut’”. “This yearly festival will feature the ducks of Cater’s Lake and hot air balloon festivities. The project will be supplemented with local impact fees and an increase in grocery taxes. Also, they appreciate the surprise effects of good-ole-boy back-room deals.”

“This incredible tourist attraction has caused us to put off all plans to focus on the expected demand for direct flights to Lake City. We initially have 2 daily direct flights from JFK, LAX & Seattle-Tacoma to Lake City,” said Henri Mariana, Legume Air Expansion Vice President.

Porkyard Resorts International representative, Butch Carlisle was just as optimistic. “Our partnership with Legume Air will be the highlight vacation package of 2008. Our new Porkyard Resort will begin with 4 presidential suites, 25 executive suites, and 257 standard rooms. Our next step is to request a line item in next year’s budget for resort expansion.” Carlisle added: We were overwhelmed the good people of South Carolina are progressive minded enough to fund the Green Bean Museum. The taxpayers of South Carolina don’t seem to mind at all. This year, they are turning down any refunds of the expected nearly $1.5 billion. They’d rather see the money spent by their trusted General Assembly’s shadow earmarks and slush funds on wonderful projects like the Green Bean Museum.”

David McIntosh of travel-swine.com

Most of you know our kids are home-schooled, but Tyler gets his chemistry at New Covenant Christian School. On his latest test, he scored a 100. I know what you’re thinking; He got his smarts from his mother. Congratulations Buckshot!