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SC governor cuts $300M from budget in vetoes - Live5News.com | Charleston, SC | News, Weather, Sports

SC governor cuts $300M from budget in vetoes

COLUMBIA, S.C. (AP) - In his final attempt to influence state spending, term-limited South Carolina Gov. Mark Sanford says he's cutting more than $300 million from the Legislature's nearly $5 billion state budget to prepare for next year's "financial tsunami."

Sanford issued 107 budget vetoes on Wednesday, including the entire section to be paid with money that still needs congressional approval. The Republican governor says the Legislature should not designate the roughly $200 million that may not come. If it does, he says it should be set aside to prepare for next year, when the federal stimulus money runs out.

The budget passed the House last week on a 64-54 party-line vote, with Democrats saying it shirked state obligations for basic health and education needs. Overriding Sanford's vetoes would require two-thirds approval.

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