May 21, 2012

SC DEW expects unemployment benefits to have financial impact

Approximately 8,000 unemployment benefits claimants were expected to show up to Workforce Center centers around the state during special office hours held Saturday to deal with those who needed to begin filing for benefits again. President Obama signed the unemployment extension bill the end of last week.

South Carolina Department of Employment and Workforce spokesman Clark Newsom says the financial impact from all those benefits being paid out will be considerable–about $24 million to go to businesses, money that was not there before.  “There are 40,000 people affected by the new benefits,” he says, “and this will have an impact.”

Newsom says many checks will be mailed out Monday.  If claimants have been filing for benefits throughout their unemployment, they will receive checks soon, within five days.  But it will take longer, up to four weeks, if they haven’t been filing.  He says those claimants who sign up to receive their benefits on a debit card instead of a check will receive benefits sooner.

LAC to review S.C. National Heritage Corridor (AUDIO)

The Legislative Audit Council has agreed to review the state’s participation in the National Heritage Corridor. State Representative Bakari Sellers of Denmark made the request for the review along with several other lawmakers whose districts lie within the boundaries of the corridor. Sellers says he and the other lawmakers want to know if the funds allocated for the program are being used in all areas of the region.

The program was created to boost tourism in rural areas. Designated by Congress in 1996,  the S.C. National Heritage Corridor is a 240-mile path running through 17 counties from Oconee County in the northwest down the western border to Charleston. The corridor is divided into four regions.

Nationally, the National Heritage Areas received total federal appropriations of $18 million. Originally, each area received $1 million, but as more areas were added, it cut into the individual appropriations each area got because the total budget was not expanded for the growth. There are currently 49 National Heritage Areas in 32 states nationwide.

Sellers says he wants to know if the federal dollars allocated for the program are being used effectively. Sellers says if the review shows effective use of the funds, it may persuade the state to invest revenue in the program to enhance tourism in those areas many say are off the beaten path. That could prove important because the U.S. Government’s 2010-11 budget included language to eliminate 22 National Heritage areas. The S.C. National Heritage Corridor is seeking partnerships, either through private companies or other government agencies.

Sellers says state Representatives Tom Young, Gilda Cobb-Hunter, Bill Clyburn, Jerry Govan, and John Matthews signed his letter officially asking the LAC to review the program.

AUDIO: Rep. Bakari Sellers on LAC audit request 1:43

Sellers says no timetable has been set for the review.

Some Tea Party supporters say they’re misunderstood (AUDIO)

Anthony Trinca (left), Ken Moran

A few hundred Tea Party movement supporters showed up at the State Museum in Columbia Friday afternoon, braving the extreme heat and humidity, to show their dislike for the federal government.

Anthony Trinca with the Grand Stand Tea Party drove all the way from Myrtle Beach.

Trinca says he wants to see the American government in different hands. He says Tea Party supporters don’t want to be perceived as a group that simply doesn’t like Democrats. He says he doesn’t like a lot of Republicans as well because they’re the same.

AUDIO: Trinca on Tea Party ethics (1:02)

Ken Moran of Georgetown is a long-time “tea partier,” who also protested against the Bush administration. His concerns are largely financial, and he doesn’t want to do away with the American government, but wants some changes that would put it more in line with the constitution.

AUDIO: Moran on Tea Party ethics (:54)

Consumer advocate says financial reform has finally arrived(AUDIO)

President Barack Obama last week signed into law a massive reform of financial regulations–the biggest since the Great Depression.

The Administrator for South Carolina Consumer Affairs Brandolyn Pinkston says it was designed to protect consumers as well as the nation’s economic stability.

AUDIO: Pinkston on financial reform bill (:48)

Pinkston says the reform was sorely needed to restore the confidence that Americans have not had in their financial system.

Obama said never again will the public be asked to foot the bill for Wall Street’s mistakes. The president said that Senate Finance Chairman Chris Dodd, and House Financial Services Chairman Barney Frank pushed the legislation the most. The bill is named after them.

Republicans say the bill will cost consumers and impede job growth because it will cost smaller banks.

Congressional committee hearing Tuesday on Yucca Mountain status

The U.S. House Budget Committee will hold a hearing Tuesday on the current status of the Yucca Mountain nuclear waste repository. According to Committee Chairman John Spratt of South Carolina’s Fifth District,the hearing seeks to determine how much money has been directed towards the project so far, how much will be needed for the future, and what happens if the project is stopped.

South Carolina’s Attorney General Henry McMaster has filed a suit against the Obama Administration’s attempt to halt development of the site. In 2002, Congress approved the plan for the Nevada site to become a national nuclear waste repository. South Carolina’s Savannah River Site is one of the plants depending on Yucca Mountain for safe, longterm storage.

David A. Wright, Vice Chairman of the Public Service Commission of South Carolina has been added as a witness in Tuesday’s hearing on Capitol Hill.