South Carolina’s revenue forecasting board is wrapping up the current fiscal year with another round of bad news as it cut $92 million from its estimates.

South Carolina’s economic advisers are expected to get more bad news on the state’s tax collections. The Board of Economic Advisors meets Thursday to gauge whether sales and income tax payments are keeping up with their projections.

The South Carolina Legislature’s budget writers are getting an update on the state’s tax collections from the Board of Economic Advisors.

State economists say tax cuts, rather than the economic downturn, are to blame for much of South Carolina’s budget problems this year.

South Carolina’s Board of Economic Advisors got an update on how bad the state’s economy really is Friday.