COLUMBIA - South Carolina's Department of Social Services has erased a $29 million deficit and eliminated the need for a bailout from the state's financial oversight board.
Gov. Nikki Haley said Monday that cost-cutting the agency undertook six months ago helped reduce the deficit to $12 million. The cuts included a combination of lower spending on transportation and child welfare programs.
The agency also dropped the amount of the average monthly checks for a parent with two children this month from $270 to $216 monthly.
Haley doesn't expect the welfare payments will increase in the future unless the federal government changes formulas that don't favor South Carolina.