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Topic: TNDP

Tennessee can use $356 million rainy day fund to weather federal budget sequester cuts

 

Tennessee Democratic PartyNashville, TN – With looming sequester cuts threatening everything from Head Start programs to our military personnel, leaders in Tennessee urged Governor Bill Haslam to use the proposed increase to the state’s rainy day fund to weather the storm.

Tennessee has $356 million in its rainy day fund, with another $100 million to be added in this year’s budget. Using that $100 million to fund vital services instead would save Tennesseans from the pain of Washington’s inaction. «Read the rest of this article»

Sections: Politics | No Comments
 

A Tale of Two Parties

 
The Logo of the Republican Party

Unemployment has now reached 9.1% in Tennessee, with Perry County topping the list at 27%. Tax collections and state revenues are down, just as the need for government assistance and public services is skyrocketing. The number of people on food stamps, along with those losing their health insurance increases exponentially, while manufacturers and retailers from Memphis to Kingsport shut down their businesses – wiping out relatively good-paying jobs and whole regional economies.

Enter the Tennessee Republican Party, who declared victory upon taking the reins of leadership in the General Assembly for the first time since Reconstruction. The TNGOP, who barely eked out a win here in November, moved quickly to announce an agenda that would show all Tennesseans that the Republican Party was ready to handle the economic crisis.

Or not. «Read the rest of this article»

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