6:23 am on Saturday January 24, 2009
| Posted by Ken Hawkins
S.C. could get $3.2 billion in federal stimulus package
The State reports:
South Carolina would receive almost $3.2 billion in one-time federal funds under new economic-stimulus figures released Friday by House Speaker Nancy Pelosi -- including a $905 million payment to wipe out the state budget deficit.
To wipe out the state's deficit would likely reinstate a number of wasteful programs, but would provide a massive benefit to the thousands upon thousands of state-connected jobs either impacted or lost do to state cutbacks.
There's a lot more details and analysis of the political situation in The State's story, go read it.
It was not clear if the $3.2 billion number includes any of Charleston's billion-dollar wish list.