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Senate Democrats: Use Rainy Day Fund to Offset Sequester

News release from Senate Democratic Caucus:
NASHVILLE – With looming sequester cuts threatening everything from Head Start programs to our military personnel, leaders in Tennessee urged Gov. Bill Haslam to use the proposed increase to the state’s rainy day fund to weather the storm.
Tennessee has $356 million in its rainy day fund, with another $100 million to be added in this year’s budget. Using that $100 million to fund vital services instead would save Tennesseans from the pain of Washington’s inaction.
“The fact that Washington is acting irresponsibly does not mean we should allow Tennesseans to suffer,” Senate Democratic Leader Jim Kyle said. “If this isn’t a rainy day I don’t know what is. We’re calling on the governor to reduce the impact of these cuts for the neediest of our citizens.”

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