Rep. Stacey Campfield sees a possible federal "bailout" of states as a potentially bad thing for Tennessee:
Lets just say that works itself out. Budget is balanced or pretty close to it. Maybe Even a little surplus. In steps Obama and the deficit spending Washington Democrats. They pass his huge spending program/state bailout. The state suddenly get a windfall of (some estimate) $400 million. That puts the state at least $400 mill in the plus late in the year. Possibly even as session gets close to end. Phil will want to re expand programs or go on a spending spree but the votes may be a little tougher to get this time. By already having a budget, with no educatin cuts, it is proven it can be done and the government does not truly need to be as big as it is. Many Republicans have supported the idea of when their is a sudden surplus when the legislature is out of session that instead of giving it to the governor to do campaign road projects with that it should go into a fund to be voted on by the legislature or to remove taxes.
We could go on a spending spree as we have in years past or we could make a strong statement that a new day has truly come to Nashville. What kind of statement could we make with $400 million that would help every single Tennessean?