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Throwback Thursday: unrealistic assumptions for economic impact analyses

April 11, 2019

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Panthers economic analysis

This week, the Department of Commerce released its cost-benefit analysis of the proposed taxpayer-funded incentives for the Carolina Panthers. The analysis is all of two pages and contains very little truly helpful information – for instance, only four assumptions are listed: the number of jobs, the payroll amount, the direct investment amount, and the percentage […]

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Throwback Thursday: The forgotten Santee Cooper oversight board

April 4, 2019

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Santee Cooper

This week, the House passed two bills dealing with Santee Cooper: one that creates a legislative oversight committee for the state-owned utility, and one that instructs the Santee Cooper joint study committee to oversee the process of selling it. The problem with both bills? That neither oversight nor the selling process is the role of […]

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Throwback Thursday: Personal information shared by government agencies

March 28, 2019

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A WCSC article published yesterday reported that the Department of Motor Vehicles routinely sells personal information (such as driver’s license numbers, addresses, phone numbers, crash reports, traffic tickets and current license statuses) to nearly anyone –  from bulk data companies to lawyers. As disturbing as this is, the DMV is not the only government entity […]

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Throwback Thursday: Failure to deliver on economic development promises

March 21, 2019

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Tax incentives

State lawmakers have borrowed hundreds of millions of dollars to benefit specific companies — which the state constitution prohibits. Taxpayers are promised the debt will pay off in jobs and investment, but there is little evidence that’s true. In fact, as the Nerve reported in 2010, many companies that receive incentives shut down completely.  Lawmakers […]

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Throwback Thursday: Selling lawmakers’ economic development piggybank

March 7, 2019

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Santee Cooper

Lawmakers have now created two separate committees to explore the sale of state-owned utility Santee Cooper. One of those committees (formed by the Senate) met last Tuesday and requested to spend roughly $193,000 to gather more information before taking official action. In light of this reluctance to move toward a sale, it’s important to remember […]

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Throwback Thursday: the legal budget process (and how lawmakers violate it)

February 28, 2019

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SC budget process

In the next couple of weeks, the House will “debate” the budget passed last week by the Ways and Means Committee, so it’s a good time to remind everyone that this is not the way the budget is supposed to come together. Last fall, the SCPC research team shared a detailed overview of what state […]

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Happy Holidays, Y’all!

December 24, 2018

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state house

  To Our Readers: The Nerve will not be publishing this week and early next in observance of the Christmas and New Year’s holidays. Thank you for all your support this year; we are planning many hard-hitting stories for 2019 to hold politicians and other public officials accountable. So stay tuned!

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People who live in glass houses…

December 1, 2017

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Money

Lawmakers are against wasteful spending – in the counties By HANNAH HILL In a House Ways and Means subcommittee meeting this week, state lawmakers expressed great concern about the responsibility of county spending practices. Let’s be clear: County spending habits are technically no concern of the state, from a jurisdictional perspective. However, the law requires […]

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Taking the Honest Approach

November 17, 2017

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South Carolina Pension

Fixing South Carolina’s pension system requires realism By BRYCE FIEDLER The Public Employee Benefit Authority (PEBA) – the agency responsible for administering the state’s retirement plans – recently released its annual report assessing the South Carolina Retirement System (SCRS). In a huge upswing from previous years, the state’s pension investments performed very well during FY16-17, […]

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Legislative Power-Sharing – with the People?

November 3, 2017

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SC House Energy Committee

Lawmakers want to even the playing field between themselves and the people By HANNAH HILL “…When we have to go back to the ratepayers and explain what we’ve done and things like that, you know the first thing they’re gonna say is ‘Well, why’s it three/two? Why can’t we be at the same table?’” – […]

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