Federal stimulus revenue tops $1 billion in SC

January 6, 2010

COLUMBIA, SC – January 6, 2010 –  South Carolina state agencies have received more than $1 billion in federal stimulus revenue, Comptroller Richard Eckstrom reported today. Here’s a breakdown:

 ยท         Dept. of Health and Human Services, $470,770,899

ยท         Employment Security Commission, $183,470,546

ยท         Dept. of Social Services, $109,586,677

ยท         Dept. of Transportation, $71,269,961

ยท         Dept. of Education, $38,618,358

ยท         Dept. of Public Safety, $38,154,268

ยท         Dept. of Commerce, $21,136,988

ยท         Governor’s Office, $16,785,401

ยท         State Treasurer’s Office, $14,626,849

ยท         Department of Corrections, $11,960,631

ยท         Budget and Control Board, $4,753,301

ยท         Judicial Department, $4,000,000

ยท         Dept. of Health and Environmental Control, $3,452,687

ยท         Dept. of Probation, Pardon and Parole, $2,000,000

ยท         State Library, $1,685,045

ยท         Board for Technical & Comprehensive Education, $1,550,756

ยท         State Law Enforcement Division, $1,066,927

ยท         Lt. Governor’s Office, $743,634

ยท         Forestry Commission, $574,329

ยท         Educational Television Commission, $540,000

ยท         Dept. of Natural Resources, $500,000

ยท         Wil Lou Gray Opportunity School, $500,000

ยท         School for the Deaf and the Blind, $500,000

ยท         Archives and History, $500,000

ยท         Arts Commission, $500,000

ยท         Vocational Rehabilitation, $480,781

ยท         Commission on Higher Education, $364,440

ยท         Dept. of Agriculture, $250,000

ยท         Law Enforcement Training Council, $120,000

ยท         Attorney General’s Office, $39,576

Total: $1,000,502,054

Eckstrom issued the following statement:

โ€œTen months ago, Washington embarked on a record-shattering spending spree, spending billions we donโ€™t have โ€“ and burying future generations under mountains of IOUs โ€“ in the name of stimulating our economy and creating jobs. While we all want the stimulus to be successful, whatโ€™s clear is the promises from last February have largely gone unfulfilled, as the economy has remained sluggish, millions have lost jobs, and the unemployment rate has skyrocketed since the bill passed.

โ€œThere are various views on the stimulus, and Iโ€™ve expressed mine: Washington used the downturn as an excuse to spend borrowed money, much of it on things that have little to do with creating jobs. Furthermore, weโ€™ll not be the ones repaying the debt from this deficit spending. That will fall on our children and grandchildren.

Americans deserve a genuine assessment of the stimulusโ€™ impact. Rather than exaggerating the number of jobs saved or created, Washington must commit to measuring the actual economic benefit of this spending as honestly and accurately as possible. In addition, we owe it to future generations to ensure these stimulus funds are spent with absolute accountability and transparency. Government officials at all levels have an extra obligation to monitor stimulus spending carefully to guard against fraudulent or wasteful spending.โ€