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I\u2019m sure I\u2019ve made it clear that the stimulus package was a terrible idea. We can\u2019t borrow from our grandchildren to get ourselves out of debt. That argument is water under the bridge. Congress passed the uberspending bill, and me must move on to the debate as to what we need to do now. When these chickens come home to roost, and the will, all of our taxes will escalate. South Carolina can\u2019t refuse the money and then ask the Feds to exempt South Carolinians from future Federal Tax increases. Also, any money we turn down, is to be dispersed to accepting states.<\/p>\n
I\u2019ve never owned a horse, but I\u2019ve been told that the least expense of owning a horse is the purchase. From what I can tell, because of the strings attached, it costs us more money to accept the money. Kind of like accepting a horse would cost you.<\/p>\n
So what is the legislature to do from this point forward? Last week, the South Carolina House passed its version of the budget including the stimulus money as if it were here. The budget we take up in the Senate will have the stimulus money in it.<\/p>\n
As you know, Congress made a provision for legislatures to over ride any Governor that refuses to accept the stolen cash. This was an amendment of our own, Rep. Jim Clyburn.<\/p>\n