Tuesday, February 8, 2011

Haley Approves Agency Bailout

Haley Approves Agency Bailout :: FITSNews

S.C. Gov. Nikki Haley and her “Republican” allies on the S.C. Budget and Control Board (B&CB) approved a nine-figure taxpayer-funded bailout for one of her cabinet agencies on Tuesday – although it remains to be see whether this controversial decision will stand.
It also remains to see how Haley’s Tea Party base will respond to its so-called heroine signing off on deficit spending.
Led by Haley, the B&CB voted on Tuesday to permit the S.C. Department of Health and Human Services (DHHS) to run a $100 million deficit during the current fiscal year. The board also pledged another $125 million to the agency in the event it is unable to get its house in order by the end of June, which is when the current fiscal year ends.

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