October 14, 2008
COLUMBIA, S.C. (AP) -- The Legislature will return to Columbia next week to make targeted budget cuts.
House Speaker Bobby Harrell and Senate President Pro Tem Glenn McConnell said in a joint statement Tuesday they'll take up 7 percent in budget cuts. The state's economic advisory board has said revenues will fall 6 percent short of what's needed to cover the state's $7 billion budget.
They said they'll write a new spending bill that has to go through three readings in the House and Senate. That effort begins Friday when the House's budget committee meets to debate cuts. That bill will be taken up Monday when lawmakers meet at noon in the House.
The Senate's budget committee will debate the cuts on Monday.
Copyright 2008 by The Associated Press. All Rights Reserved.