From Fitsnews.com:

“With a global recession forcing belt-tightening across the board, we sensed a growing recognition among many in the House and Senate of something we’ve advocated for years – namely, that government cannot grow faster than the underlying economy, and that tough decisions must be made now and not kicked down the road to next year,” Sanford said in a statement.

Of course, none of that money will ever make it back to the taxpayers of South Carolina. Instead, lawmakers will apply the money to an anticipated $1 billion shortfall in next year’s budget.  Read more.