Three recent studies that work to diagnose South Carolina’s current financial health.
Add Pennsylvania to the list of states which have substantively reformed their pension system. Will South Carolina follow the Keystone State’s lead? Though governor McMaster signed a pension “fix” into law this past session, the truth of the matter is that the pension system is unsustainable because of its structure as a defined-benefit model, not
How big is the budget? What are South Carolina’s sources of revenue? Where does all this money go? Consider these charts.
One in nine South Carolina residents are served by the Palmetto State’s public pension plans. The woefully underfunded system was the topic of much debate in the General Assembly and at the end of April, Governor McMaster signed a bill raising contribution rates into the system for both employees and employers. Because taxpayers are the
What is a "Tax Bracket Creep" and how does it affect you? In this week's Wren Report, Senator Chip Campsen (Charleston) talks about what the "creep" is and how it is being fought in the "Taxpayer Inflation Protection Act."
Ahh, Christmas! It’s that time of year again: fresh Fraser firs, red-ribbon adorned wreaths, old-fashioned fruitcake, beautifully wrapped packages and memorable carols.
South Carolina cannot afford to renege on the promises made to current state workers or fail to reform the system at large and risk crushing a future generation of tax payers.
When it comes to funding its public pension program, South Carolina is short $74,095,092,870 according to a new American Legislative Exchange Council (ALEC) report.
Political will? Compromise? Institutional discipline? Long-term strategy? Do these virtues still exist in the General Assembly?
We can all agree that South Carolina's roads are in disrepair. But we may not all agree on why they aren't being fix. Take the poll to tell us what you think!