With the ARRA short-term bailouts ending and state government revenues still down, few are expecting that 2011 will be anything but another tough fiscal year. The Charleston Post and Courier gives credit to Governor-elect Haley for not waiting for January to start working to manage the situation:
The state's budget situation is bad and going to get worse, with another $1 billion in revenue losses expected next year. It's an occasion for action, not hand-wringing, and Gov.-elect Nikki Haley has taken a major step toward cutting government without crippling it.
Mrs. Haley has named a Fiscal Crisis Task Force to make recommendations before the Legislature meets in January. The quality of that group is an indication that the General Assembly will get a substantive plan, not only to cut state government, but to reform it.