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Riley Pushes Budget Compromise to End Senate Logjam
After nearly five hours of shuttle diplomacy with Gov. Dick Riley the Senate cleared a major logjam over the rolling reserve fund renamed the capital expenditure fund The plan caps debt at 2 5 percent and requires a 13 million funding step by ad hoc senators to cut appropriations The compromise may let the budget pass this week avoiding a costly special session and potential Saturday work.
MENTIONED IN THIS ARTICLE
Columbia
Dick Riley
Senate
Riley
James Waddell
Beaufort
Russ McKinney
General Assembly
General Reserve
Glenn McConnell
Charleston
Waddell
Finance Committee
Ing
Jean Marie Neal
John Spratt
D-S.c
National Governors Association
South Carolina
Barnwell
Chem-Nuclear Systems Inc
House Interior and Insular Affairs Committee
Morris Udall
D-Ariz