South Carolina Budget Deal Collapses Over 2026-27 Pork Spending, Freezing Billions at Prior-Year Levels
Updated
Updated · FITSNews · Jul 15
South Carolina Budget Deal Collapses Over 2026-27 Pork Spending, Freezing Billions at Prior-Year Levels
1 articles · Updated · FITSNews · Jul 15
Summary
July 14 talks between South Carolina House and Senate leaders broke down over disputed pork-barrel spending, leaving the 2026-27 state budget unresolved two weeks after its July 1 start date.
Prior-year appropriations now remain in effect during the stalemate, keeping billions of dollars in proposed new spending uncommitted until lawmakers reach a new agreement.
Tom Davis, a fiscal conservative in the Senate, said a continuing resolution is preferable to a bad budget because it could preserve room next year for what he called historic tax relief.
WalletHub data released alongside the impasse showed South Carolina ranked No. 5 nationally for financial distress, including No. 2 for residents with credit accounts in distress and No. 13 for the rise in bankruptcy filings.