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State House

South Carolina’s $1.8 Billion Surplus: The Saga Continues

State treasurer fires back at critics …

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6 comments

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Eric March 28, 2024 at 8:23 pm

Curtis Loftis is the last friend on the taxpayer in Columbia. Larry Grooms is an establishment hack.
I know who I trust.

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Frank S March 28, 2024 at 8:25 pm

Why did republican governor Henry McMaster appoint a black democrat to a statewide position?

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Tim March 28, 2024 at 9:30 pm

The comptroller general’s office did not balance the books for a decade and now Grooms believes them? I want to sell Grooms a bridge in Arizona.

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Thomas E Price Top fan March 29, 2024 at 5:57 am

This goes back to 2 yrs ago when they realized SC had a $6Billion surplus. Our elected officials were like kids in a candy store on trying to decide what to do with it .

Simple solutions, apply all these extra funds to our SC State Pension fund that is $20 BILLION plus in the whole. Will not fix it but it is a start

Guess this too simple and does not buy votes

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CongareeCatfish Top fan March 29, 2024 at 9:44 am

Ole’ Senator Leatherman always seemed to have funds stashed away in some agency’s account that he could somehow resort to when he needed to dole out a political favor or create a contract job for a donor- there were plenty of stories in the news about how DNR, PRT or DHEC, etc. would find out they had some extra money allocated that had a nebulous description on it, and then they would receive a call from Leatherman’s office telling them what the money was REALLY for….could part of this accounting issue be that over the accumulation of years some of that “stash money” likewise accumulated? And when it came time to switch over from one accounting system to another that no-one could figure out where the extra money came from, and so it had to be placed in a seperate account for the CG to figure out where it goes?Could it be possible that people in the Senate who are still there but worked for/with Leatherman are trying to hide something and in so doing trying to get rid of the Treasurer so they can get someone on their side installed instead who will abet them in hiding the grift?

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Gamecock9 March 29, 2024 at 7:01 pm

I’ve heard from people in and around state government that these funds were “slush funds” that were exposed by the change in computer systems and the death of a certain senator. They want to get rid of Treasurer Loftis because they are afraid he will disclose the problem. I say fix the damn roads or send it back to us.

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