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State House

South Carolina’s $1.8 Billion Surplus Saga: Origin Story

Now we know why a clique of state senators blocked last year’s vote on a new comptroller general …

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This time last year, former state representative Kirkman Finlay III was amassing votes en route to b
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7 comments

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Randy April 1, 2024 at 2:42 pm

The State’s accountant is a Democrat? In SC? Appointed by a Republican Gov?

Having been a banker for 29 years I can tell you the system wide accounting is not done by the investment and money managers. It is done by the accounting team in a different building and probably a different town.

The Treasurer needs to resist the demand that he do the accounting as that keeps the separation of duties correct. It is his job to track cash and investments.

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GameCock6 April 1, 2024 at 2:45 pm

The Senate wants control of that money.
They don’t want anyone to know what they do with your tax money. Loftis is one of the few in cola that looks after the taxpayers .

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Anonymous April 1, 2024 at 4:18 pm

What a witch-hunt…I wish the Senate would show real leadership and convene a working group of those involved to hammer through this issue, rather than demonizing one of our great Republican officials.

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Charles April 1, 2024 at 4:31 pm

I heard this is all about covering up the Senator Leatherman back door spending habits that his friends and business partners enjoyed. they probably hid money under the mattress for their retirements and friends and families.
I wish they had fixed the roads!
Fix the roads !
Fix the roads!
Fix the roads!

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Goody3 Top fan April 1, 2024 at 4:57 pm

IF – and that’s huge IF -we get a rebate when that $1.8 billion (Carl Sagan -“Billyuns and billyuns”) is divvied up, you can send mine to the Satterfield boys. They are salt-of-the-earth young men whose Mama raised them right – loving Jesus. AND practicing what He preached – “Love they neighbor” as well as “Turn the other cheek.”

I have admired how they’ve comported themselves since this circus began.

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Conte April 1, 2024 at 6:59 pm

Loftis has been a straight shooter for a long time. I trust him over a Senate that does not have to run statewide.
The senate is trying to overturn an election and that sux.

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A Townie April 1, 2024 at 8:23 pm

Never trust the legislature.

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