NEWS BRIEFS: State to have largest surplus in history
South Carolina expects to see its largest surplus in history as revenue projections from last year are off by more than 15 6 percent, or about $567 million more than originally forecasted. While the excess money is rooted in missing the mark on revenue forecasts — something that caused the state to have mid-year cuts at the start of the Great Recession — some lawmakers say they aren’t worried and even expect at least one more surplus adjustment before the end of the fiscal year in June.
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