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After weeks of opposition, Sanford agrees to request federal loan to augment jobless funds.

By Ryan Powers  

"After weeks of opposition, Sanford agrees to request federal loan to augment jobless funds."

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Hours before the state’s unemployment fund would have run dry, South Carolina Gov. Mark Sanford (R) “agreed to apply for a $146 million federal loan to shore it up, after weeks of refusing to do so.” Sanford has long questioned the accuracy of the state’s unemployment figures which are the third worst in the nation at 8.4 percent. The governor said he changed his position because several state lawmakers had agreed to request an audit of the state unemployment agency which Sanford said possessed an “utter disdain for accountability.” The director of the state unemployment agency said that “the agency was audited every year by an accounting firm and had been given a clean bill of health.”

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