From the daily archives:

Tuesday, May 12, 2009

BEA freezes revenue estimate

by William Christopher on May 12, 2009

in Business, Economy, News, Politics & Government

Th South Carolina Board of Economic Advisers elected Tuesday not to change the revenue estimate for the year. It remains at $6.263 billion, meaning that additional state job losses are not as likely before June 30th, the end of the fiscal year.

Board Chairman John Rainey:  “We think it will be close.  We think we’ll make it if unemployment stays on the trajectory it’s on now.  We have unemployment reaching 14 percent by June 30th as one of the factors getting to our revenue estimate.”  [click to continue…]

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Outgoing SC GOP Chair not interested in RNC post

by Tom Hayes 05/12/09 5:47 PM

Republican National Committee Chair Michael Steele has been a lightning rod since winning the post January 30th by a narrow 91 to 77 margin Over outgoing South Carolina Republican Party Chairman Katon Dawson on the sixth and final ballot. Commenting on President Obama’s stated goal of replacing retiring Supreme Court Justice David Souter with a [...]

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Washington delegation says SRS could benefit from fuel rod recycling

by William Christopher 05/12/09 5:27 PM

Advocates of nuclear power are hoping to convince the Obama Administration to develop the U.S. nuclear infrastructure. That includes recycling spent nuclear fuel. The South Carolina delegation is hoping that the Savannah River Site will benefit from a new nuclear focus, as a center of research and possibly as an active facility.U.S. Senator Lindsey Graham [...]

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Wilson supported bill calls for offshore drilling

by Tom Hayes 05/12/09 4:11 PM

Second District Congressman Joe Wilson joined with fellow Republican congressmen Tim Murphy of Pennsylvania and Hawaii Democrat Neil Abercrombie in introducing the American Conservation and Clean Energy Independence Act on May fourth. Wilson says the legislation does not call for raising taxes on the American people. A major component of the measure calls for offshore [...]

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Legislative deadline means some bills will wait

by Ashley Byrd 05/12/09 3:46 PM

There are officially two weeks left for the legislature this year to take care of business.
Even with a special provision, called Sine Die, which allows them to come back in and deal with certain matters, there are many bills that will have to wait until next year, because the legislature plans to cut its session [...]

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