More Cuts for State Government

Nov 08, 2011 at 05:52 am by bryan


Cuts and layoffs are once again being talked about on Tennessee's Capitol Hill. Governor Haslam is already thinking about next year's budget, the economy has improved, but several challenges remain. The Governor's annual budget hearings have taken on a familiar tone. State government is once again preparing to downsize. Governor Haslam has asked each of his department heads to prepare for a possible 5% budget reduction. There are some encouraging signs. After a period of decline, state revenues are up about 3.5%, an increase of over $300 million. Commissioner of Revenue Richard Roberts says he's cautiously optimistic.
Sections: News