Just like your budget at home, or mine or anyone else’s—in South Carolina state government, we have to live within our means. That doesn’t mean some people don’t try to. There are arguments and proposals on a regular basis in favor of spending above what we have.
What we need is a balanced budget. Beyond wisdom and willower, there are several good ways to help achieve this. I favor spending limitations with creation of a budget stabilization fund. This could be based on a 10-year revenue average or tied to population growth + inflation, but limited to a “Balanced Budget” (meaning no deficit).
Another way to help keep the budget in check is by reducing its size and scope. This is more difficult to do, as any department or project has its champions. But I believe we can find agreement on enough redundancies within our state government, as well as between ourselves and the federal government, to eliminate waste and red tape.
Less government is good government.