S.C. stimulus oversight panel says not much work to do

The panel set up to monitor how South Carolina spends its share of the $787 billion federal stimulus law is meeting for the first time.

By: AP | CountOn2.com
Published: April 09, 2009

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COLUMBIA, S.C. (AP) - The panel set up to monitor how South Carolina spends its share of the $787 billion federal stimulus law is meeting for the first time.

The federal legislation requires states to account for how the money is spent and Gov. Mark Sanford put Comptroller General Richard Eckstrom in charge of the Stimulus Oversight, Accountability and Coordination Task Force that meets on Thursday.

Eckstrom said earlier this week they haven't got much overseeingto do.

The only stimulus cash coming to the state so far is showing up in unemployment checks and Medicaid payments.

Sanford has opened the door to $2.8 billion in stimulus cash for state agencies and programs during the next two years but won't apply for $700 million of that unless it can be used on debt.