Monday, May 17, 2010

Raid Rainy Day Fund, Spend On Fish Hatcheries

Does it make sense to you for the State of Tennessee to raid the rainy day fund for other programs, but spend $16 million of current revenue on a fish hatchery in Carter County? State Rep. Jimmy Matlock (R-Lenoir City) doesn't think so:

State Representative Stacey Campfield recounts that Tennessee House Speaker
Kent Williams apparently told the House Republican Caucus that they ought to support raiding the State rainy day fund to save certain programs. Under the Kent Williams theory of fiscal discipline, we should bleed the rainy day fund dry to "save" certain departments from budget cuts while he writes in a whopping $16 million to the budget for a fish hatchery in Carter County. Needless to say, many Republicans (as well as Democrats with consciences, I'm sure) have a problem with that kind of thinking, including Republican Jimmy Matlock of Lenoir City.

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