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Wednesday, 16 January 2008 |
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COLUMBIA -- Gov. Mark Sanford promotes his legislative agenda tonight amid an economic slump requiring belt-tightening in state spending. At least $160 million needs to be trimmed for the year starting July 1, partly because of a sluggish economy, experts say. It’s the first time in five years the Republican-controlled General Assembly deals with a revenue slowdown. It comes after tax cuts and increased reliance on the sales tax.
Read more at The (Columbia) State...
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