A Fine Mess In Tennessee
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Often our state tax dollar is being used to draw down another dollar or two from the federal government. So, you cut a dollar from the state budget, and you may actually be losing as much as two or three dollars because you lose the federal “match.” As the proverb says, “The debtor is the slave of the lender.” State …
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Bringing Washington Budget Policies to Tennessee
Is Washington in a mess budget-wise because it spends more money than it takes in? Yes. Is that the reason Washington is in a mess budget-wise? No. Obviously a budget deficit mathematically represents spending in excess of revenue, but is the deficit the problem or a symptom? I confess I don’t know as much about the national budget (of course, …
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