Today is Monday, 25th November 2024

TN LG Ramsey – Shortfall is Growing

From Chattanooga Times Free Press:

Tennessee’s budget shortfall has grown by $300 million, hitting $1.4 billion, state officials said.

With those figures in hand, Lt. Gov. Ron Ramsey said Friday that Tennessee officials must cut $160 million to $300 million to balance the budget. He estimated the actual figure would be about $200 million.

Gov. Phil Bredesen must take the lead on cuts, said Lt. Gov. Ramsey, speaking to the Southeast Tennessee Political Action Committee meeting in Chattanooga.

“I’ll support whatever he comes up with,” he said.

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