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Good for the South Carolina governor.

In a letter sent to the White House on Monday, the Republican governor says Bush would be committing a "very great mistake" that would "open the floodgates to federal monies for every distressed industry across this country -- and there will be many in this economic slowdown."

Read the rest of the report from Politico here.

And check out this AP article from earlier Wednesday: "Keep your cash: SC governor rails against bailouts."

Sanford is so far holding strong against asking for federal aid to help South Carolina's economy.

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