Governor Lee Invests Additional $580 Million into Budget for Tax Cuts, Education, Economic Development, and More

Tuesday, Governor Bill Lee announced that Tennessee will have an additional $580 million invested into various budget initiatives. The amended budget will cover investments in K-12 and higher education, rural communities, safety initiatives, economic development, transportation, and additional tax cuts.

In a press release, the governor’s office shared that this was made possible through “fiscal prudence.” The Tennessee Star inquired with Lee’s office as to what those measures were that allowed these available funds to accrue. Their spokespersons didn’t respond to request for comment by press time.

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Governor Bill Lee Proposes Zero Growth Budget to Weather Coronavirus Pandemic

Governor Bill Lee’s proposed amendment to the budget for the 2020-2021 fiscal year resorts to zero growth, in order to weather the impact of the coronavirus pandemic.

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