//Gov. Henry McMaster announces new budget

Gov. Henry McMaster announces new budget

Gov. Henry McMaster announced the fiscal year 2021-22 budget on Friday. “By being careful and conservative, freezing new spending and holding state government steady at last year’s spending levels, we have been able to avoid cutting services, raising taxes, or borrowing money,” McMaster wrote in a letter to the General Assembly. “Today, South Carolina has a small portion of that $1.8 billion surplus remaining and