COLUMBIA, S.C. - South Carolina's beleaguered governor is presiding over a meeting where more than $200 million could be chopped from the state's budget.
Gov. Mark Sanford on Thursday is set to chair a session of the state's Budget and Control Board. The five-member oversight panel will consider cutting all state agencies by 4 percent, or $200 million overall.
The state's economic advisors have cut a total of $328.3 million from their revenue forecast since the state budget was passed.
The board last met June 29, five days after Sanford revealed a yearlong affair wit