Thursday
Governor Says Tennessee Isn’t Immune to Effects of Bad Economy Tennessee Governor Phil Bredesen says the state is feeling the effects of the economic downturn. Revenue collections for the first month of the fiscal year were about 50-million-dollars below even the vastly revised revenue estimates on which the budget is based. Bredesen says the state has still managed to move forward in priority areas like education health care and economic development. However the slow economy did force a retooling of state government’s work force through the voluntary buyout program.
