Tag Archives: Department of Commerce

The $4 billion state officials are keeping secret

September 18, 2020

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By RICK BRUNDRETT Many politicians and other government officials don’t want to publicly acknowledge the huge surpluses that state agencies accumulate year after year. Even amid the coronavirus outbreak in South Carolina, 101 state agencies and two major state accounts collectively ended the fiscal year on June 30 with at least $4.3 billion in “other” […]

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As South Carolinians’ income shrinks, state agency surpluses grow

September 3, 2020

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By RICK BRUNDRETT The S.C. Department of Commerce started fiscal 2021 with a $103.1 million general-fund surplus – more than double its reserves from a year ago. The S.C. House of Representatives had a $23.7 million surplus as of July 1 for its 124-member chamber – nearly $1 million more than its entire budget, records […]

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Governor punts health-related powers to Commerce – again

August 5, 2020

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  By RICK BRUNDRETT Gov. Henry McMaster has once again granted the S.C. Department of Commerce – which isn’t a public health agency – the power to make health-related decisions in response to the coronavirus outbreak in the state. Last week, McMaster announced that “gatherings,” defined in his executive order as a “planned or spontaneous […]

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Taxpayer-funded gifts to Panthers grow with planned SC move

July 29, 2020

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By RICK BRUNDRETT If only the Carolina Panthers could win as easily as it gets taxpayer money. Last month, the U.S. Department of Transportation announced that the S.C. Department of Transportation (SCDOT) was awarded a nearly $34.6 million “Infrastructure for Rebuilding America” (INFRA) federal grant to build a new interchange on Interstate 77 near the […]

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Politicians’ promises don’t reflect written incentives deals

July 8, 2020

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By RICK BRUNDRETT       S.C. politicians routinely love to make promises about massive corporate investment and multitudes of new jobs in the Palmetto State. But the secretly crafted written agreements offering taxpayer-backed incentives in exchange for those promised jobs and investment often don’t live up to the official hype. Last month, The Nerve detailed how for […]

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Truths about secret incentives deals revealed – 10 years later

June 24, 2020

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By RICK BRUNDRETT All we wanted was the truth. Over the past several decades, South Carolina legislators and governors, as well as local governments, collectively have given away billions in incentives to countless corporations. Cash, land, tax breaks and free job training have been thrown at companies in exchange for the promise of jobs. Taxpayers […]

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Tourism advertising funds, manufacturer incentives sought in covid’s wake

June 5, 2020

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By RICK BRUNDRETT Spending more tax dollars on tourism advertising and incentives for manufacturers are among proposals to jump-start South Carolina’s economy, which took a severe blow with government-imposed shutdowns following the coronavirus outbreak. The recommendation for increased tourism advertising is contained in a final report released last week by “accelerateSC,” an advisory committee created […]

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Closed SC businesses in covid’s wake: Protecting public health?

April 17, 2020

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By RICK BRUNDRETT Having customers in his Columbia glass art shop posed no public threat, if you ask Tom Lockart of One Eared Cow Glass. Yet after Gov. Henry McMaster put the S.C. Department of Commerce in charge of deciding what businesses are allowed to stay open or which must close when “clarification” requests are […]

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McMaster’s ‘non-essential’ list: A hole-in-one for SC golfers – and others

April 7, 2020

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By RICK BRUNDRETT Last Tuesday, Gov. Henry McMaster ordered that “non-essential” businesses statewide be closed to the public to combat the spread of the coronavirus, though he included some pretty big loopholes. Take golfing, for example. His “non-essential” list includes various “recreational and athletic facilities,” such as fitness centers, though sports that “involve interaction” of […]

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SC Commerce still hiding the Juuls

March 4, 2020

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By RICK BRUNDRETT The S.C. Department of Commerce won’t reveal the average wage of workers at the new Juul electronic-cigarette assembly facility in Lexington County, though a $500,000 state grant was approved last year for the project. But Lexington County provided the average annual wage of the promised 520 jobs – $43,407, increasing to a […]

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