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Phil Bredesen on Budget & Economy

Democratic TN Governor

 


Adjust our expenses to match our income, like family budget

My goal throughout this recession has been to remain true to the principle of the "family budget" that I talked about when I first became governor. It's nothing more than the commonsense idea that we're going to adjust our expenses to match our income, and we're going to be very careful about using money from our savings account. It's the way sensible families have to manage through these times, and while the numbers for state government are much larger than for any family, the principle is the same.

Source: Tennessee 2010 State of the State Address , Feb 1, 2010

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