South Carolina Lawmakers Start Debate on $40 Billion State Budget

South Carolina Capitol

South Carolina lawmakers are debating a roughly $40 billion fiscal 2024-25 state budget that anticipates more than $12 billion in state general funds and billions more in federal money.

Last month, the South Carolina Board of Economic Advisors voted to keep the fiscal 2023-24 revenue forecast estimate at nearly $12.9 billion and the fiscal 2024-25 revenue forecast estimate at more than $13.2 billion.

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