ESTATE


Sanford to take stimulus but adds strings to the deal
2009/04/06, 2:15 pm
Filed under: 1 | Tags: , ,

COLUMBIA — Gov. Mark Sanford said Friday he would accept the $700 million in federal stimulus money but would not release it unless the General Assembly agrees to pay down debt with state tax dollars.

He said he was accepting the money to stop other states from claiming the funds. Sanford has come under fire from both Republicans and Democrats, as well as from the public, for his stance against accepting the money. He had until midnight Friday to accept the funds.

House Speaker Bobby Harrell blasted Sanford on Thursday for refusing to accept the disputed funds, saying the Republican chief executive will have “shirked his responsibility to the taxpayers” if he fails to act.

“We are at the eleventh hour of this debate,” said Harrell, the Republican House leader. “It’s time for the nonsense to stop and for the governor to request the funds our citizens will have to pay back anyway.”

On Thursday, Sanford held another news conference with several state Senate allies, and they accused the governor’s critics of distorting the fiscal and employment impact of refusing the federal aid intended to help states through the recession.

Sanford continues to urge lawmakers to compromise and spend an equivalent amount of state-generated dollars to reduce debt if he agrees to accept the federal assistance. So far, legislators have refused such a deal.

Harrell has joined a chorus of Republicans calling for him to relent and take the money, including U.S. Sen. Lindsey Graham and Senate Finance Committee Chairman Hugh Leatherman. The Senate has resorted to drafting two alternative budgets, including one that includes draconian cuts in state workers and teachers.

Sanford spokesman Joel Sawyer said legislators — and specifically Leatherman — are using “scare tactics” to make the budget look worse than it might if the budget writers did not “leave money off the table.”

“The governor is willing to accept the stimulus money if an equal amount of state funds are spent to reduce debt,” Sawyer said.

The Wall Street Journal, in an article published Thursday, described Sanford and his position on this issue as “isolated” from Republicans who have supported him in the past. On Wednesday, hundreds of students, teachers and others rallied at the Statehouse in Columbia to protest the governor’s stance on taking the money, which they said could save hundreds of public employees’ jobs.

Harrell repeated his stance and that of others — that S.C. taxpayers will have to repay the money along with the taxpayers of the rest of the nation, so Sanford should take the money and use it to the state’s benefit.

“Because this plan became law, South Carolinians will have to repay this money whether we accept it or not,” Harrell said. “That is why it is so difficult to understand the governor’s rationale for requesting millions in energy efficiency money while rejecting money for teachers and law enforcement officers.

Harrell said the “most disturbing” part of Sanford’s news conference Thursday, however, came during discussion of jobs and unemployment.

Published April 6, 2009
http://www.scbizmag.com/content/view/114446/1/

Advertisements

4 Comments so far
Leave a comment

[…] ESTATE created an interesting post today on Sanford to take stimulus but adds strings to the dealHere’s a short outlineCOLUMBIA — Gov. Mark Sanford said Friday he would accept the $700 million in federal stimulus money but would not release it unless the General Assembly agrees to pay down debt with state tax dollars. He said he was accepting the money to stop other states from claiming the funds. Sanford has come under fire from both Republicans and Democrats, as well as from the public, for his stance against accepting the money. He had until midnight Friday to accept the funds. House Speaker Bobby Harrell […]

Pingback by Topics about Jobs » Archive » Sanford to take stimulus but adds strings to the deal

If you want to read a reader’s feedback 🙂 , I rate this article for 4/5. Decent info, but I have to go to that damn yahoo to find the missed parts. Thank you, anyway!

Comment by Ex Girlfiend

Hello all

Without a high pagerank your website and your business will never be successful.

make sure you cultivate other sources of traffic other than the search engines.

It will also warm up these visitors before they reach your site and they will be more receptive to any of your site’s offering; never underestimate the power of the Pre-sell.

There is one more strategy you must explore if you want to lessen the power and importance of your own site’s PR.

goowal.com is a company in Philippines that will help promote your webiste

Comment by floloontorT

Hi everyone

Publicize your site to everyone with whom you communicate

Pay attention to keyword density, title descriptions, meta tags, alt tags and interior linking structure.

Pick the right domain name.

What’s even more satisfying, if you build these links, partnerships, and off-site optimization — your Google PageRank will probably go up.

I recommend this promotion service website advertising services to anyone who is in need of high ranking and like to make money fast.

Comment by floloontorT




Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s



%d bloggers like this: