Bredesen sees no reason for state tax increase
Posted: Tuesday, September 21, 2010 9:03 pm
CHATTANOOGA (AP) — Gov. Phil Bredesen says there should be no need for a tax increase when Tennessee’s next governor recommends a budget next year.
The governor said Monday in Chattanooga that lawmakers deviated from what he recommended this year by about $100 million but his administration is looking for ways to offset that with existing revenues.
Agency heads have been told to look for ways to cut spending by up to 3 percent in planning for the budget year that starts July 1, 2011. The state budget approved for this year is about $30 billion.
Published in The Messenger 9.21.10