AP: Haley to Outline Budget Vetoes Today
Friday, July 6, 2012 at 11:30AM South Carolina Gov. Nikki Haley faces a deadline for striking items from the Legislature's $6.7 billion budget plan and $100 million reserve spending that was passed last week.
Any vetoes must come Thursday before midnight, but the governor is not publicly discussing what she vetoed until Friday afternoon.
State law gave Haley five days, excluding Sunday, to issue vetoes. Otherwise, a bill becomes law without her signature.
A stalemate over small business tax cuts had blocked a compromise for weeks as a government shutdown loomed. The Legislature approved a compromise on the $6.7 billion spending plan for state taxes last Thursday, as well as a separate measure designating $100 million from a rainy-day fund.
Neither reached Haley's desk until Friday, delaying the clock by a day. A continuing resolution kept government running at current levels while she considered her vetoes.
The spending plans will take effect with Haley's decisions, five days after the fiscal year started. An improving economy gave legislators an additional $1.3 billion in projected one-time and recurring revenue to allocate in 2012-13.
Legislators will return to Columbia to consider overriding Haley's vetoes. When they return depends on what she strikes.
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