Terrible picture, but a great “State of the State” update from Tennessee Secretary of State, Tre Hargett, yesterday in Nashville.
Here’s a man who has cut his office’s budget from over $30-million per year in 2009, to $27-million today—AND, they’re returning over $2.2-million to the treasury, effectively cutting about 17% of spending since he took over, while we all know the price of everything has been going up.
The State is in great shape as far as debt is concerned, and our official pension plans are largely funded and not out-of-control. Our tax burden on businesses and people reportedly rates us at 49th out of 50.
Way to go, Tennessee—sounds good to me!