Lamar Alexander on the Budget
Balanced budget amendment:
Tennessee has one, and so should Washington, D.C. As governor, I had
to balance the state's budget each year. That forced us to set
priorities and make tough decisions, which is what Tennesseans hire
the governor and the legislature to do. Washington, D.C. should
balance its budget, too. As governor, I balanced our state budget for
eight years, and when I left office Tennessee had fewer state
employees, less debt, a AAA bond rating, and the nation's fifth lowest
tax rate.