News
Federal
State
Join Our Newsletter
Help us bring the truth about the nation’s debt to life. Sign up today for updates and more information.

 
Gov. Bredesen offers $28.4 billion Tennessee state budget
Gov. Phil Bredesen's farewell state budget plan, presented to the General Assembly Monday night in a "state of the state" address, incorporates some striking contrasts to an overall cutback in next year's spending by 5.1% to $28.4 billion.

From KnoxvilleNews.com:

"I believe it is a commonsense family budget in a very difficult time, and I hope you will consider and enact it promptly," Bredesen told a joint session of the House and Senate.

The state's financial position, the governor said, is basically "a very strong one" given economic downturns and conservative fiscal management in the past years.

While potentially abolishing as many as 1,819 state government job positions, perhaps as few as 350 workers could actually be laid off under the Bredesen plan next year, if accepted by the Legislature.  Read more.

<< Back