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« Voters Won't Vote for Higher Taxes, Will They? | Main | Oh, Burn »

May 23, 2006

How Big Is Tennessee's Surplus, Really?

Blogger and future state Sen. Bob Krumm has it figured out and nails the Bredesen administration for its misleading rhetoric. Please donate some money to Krumm's campaign today...

UPDATE: Tennessean reporter Trent Siebert informs me he tried to clear up the confusion over the true size of the surplus but it didn't make it into the edited version of the story in today's paper, headlined Legislators weigh uses for revenue windfall.

The true size of the surplus, by the way, is $226.7 million, with fully three months of revenue collections to go - NOT the "$37 to $88 million" figure the Bredesen administration is misleading the public with. The total revenue surplus for the year - the amount collected over the original budgeted estimate - is likely to top $300 million. Details here.


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