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South Carolina has $1.8B but doesn't know where the money came from or where it should go
Posted on 3/26/24 at 6:13 pm
Posted on 3/26/24 at 6:13 pm
quote:
COLUMBIA, S.C. (AP) — South Carolina has collected about $1.8 billion in a bank account over the past decade and state and private accountants are still trying to figure out where the cash came from and where it was supposed to go.
“It's like going into your bank and the bank president tells you we have a lot of money in our vault but we just don't know who it belongs to,” said Republican Sen. Larry Grooms, who is leading a Senate panel investigating the problem.
It's the latest trouble with the state's books and the two agencies, typically led by elected officials, that are in charge of making sure government accounts stay balanced.
LINK
31
Posted on 3/26/24 at 6:15 pm to Street Hawk
I knew something was wrong with my brokerage account balance...
Hey, South Carolina, kindly return the funds asap. Thanks
Hey, South Carolina, kindly return the funds asap. Thanks
Posted on 3/26/24 at 6:15 pm to Street Hawk
quote:
“It's like going into your bank and the bank president tells you we have a lot of money in our vault but we just don't know who it belongs to"
Oh well in that case, they can't keep it!
Posted on 3/26/24 at 6:19 pm to Street Hawk
Lindsay Graham SC
Posted on 3/26/24 at 6:20 pm to Street Hawk
It’s probably money they never spent on our roads
Posted on 3/26/24 at 6:20 pm to Street Hawk
That just happens to be the exact amount I overpaid my state income tax last year. I've been waiting for the refund.
Posted on 3/26/24 at 6:23 pm to Street Hawk
Send it to Houston
Posted on 3/26/24 at 7:08 pm to Street Hawk
Somebody was trying to embezzle state funds but then abruptly died, yet their scheme continued funding.
Posted on 3/26/24 at 7:26 pm to Street Hawk
Posted on 3/26/24 at 7:30 pm to Street Hawk
Give it to me.
Posted on 3/26/24 at 7:32 pm to Street Hawk
quote:
South Carolina has collected about $1.8 billion in a bank account over the past decade and state and private accountants are still trying to figure out where the cash came from and where it was supposed to go.
Oh that’s where I put that money
Posted on 3/26/24 at 7:33 pm to Street Hawk
Government DEI fixin to eat
Posted on 3/26/24 at 7:33 pm to ManBearTiger
quote:You can’t spell “gay” without Lindsay Graham.
Lindsay Graham SC
Posted on 3/26/24 at 7:37 pm to Street Hawk
They can cover Trumps bond
Posted on 3/26/24 at 7:45 pm to Street Hawk
Posted on 3/26/24 at 7:45 pm to Street Hawk
Now imagine the Pentagon displacing $3.2T.
Posted on 3/26/24 at 7:55 pm to kciDAtaE
That's salami fraud, which every big 4 employee gets taught about in year one.
Not shocked with SC though.
How about they pause the birthday tax? Oh no, can't tax people less.
Not shocked with SC though.
How about they pause the birthday tax? Oh no, can't tax people less.
Posted on 3/26/24 at 8:02 pm to Street Hawk
quote:
It's like going into your bank and the bank president tells you we have a lot of money in our vault but we just don't know who it belongs to,” said Republican Sen. Larry Grooms, who is leading a Senate panel investigating the problem.
See, if they were more like Louisiana and would have more of these panels to investigate shite ahead of time, they wouldn't have these problems of unknown money.
Posted on 3/26/24 at 8:05 pm to LemmyLives
What, no comment about Democrats ruining things? Oh wait, I forgot, South Carolina is a red state so there are no comments like that to blame the elected officials in a red state. It can only be used when there is a problem in a blue state or blue city.
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