ESC is running out of money and wants more.

[gman430]

According to the Greenville News, the state's Employment Security Commission, which three weeks ago asked for a $146 million federal loan to continue unemployment checks, says it is running out of money again and wants another $169 million. Mark Sanford called the agency "out of control" and will only lend them $25 million of the requested money. This is just the beginning of the mess though. House Majority Leader Kenny Bingham and Representative Rex Rice held a budget meeting with the agency and its commissioners Tuesday, and Bingham said no one from the Employment Security Commission mentioned running out of money or needing another loan. This comes at a time when South Carolina has a 8.4 percent unemployment rate, which is the third highest in the country. Here is the article from the Greenville News on all of this: http://www.greenvilleonline.com/article/20...ONTPAGECAROUSEL