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September 21, 2011 Governor's Update

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Published on Sep 21, 2011

School is back in session across the state... but weeks before the back to school rush... we continued to meet with teachers...

In August U.S. Secretary of Education Arne Duncan visited Tennessee. Superintendents from all over the state shared their questions and feedback during a panel discussion in Nashville.

Improving education is the most important thing we can do over the long term to attract and grow high quality jobs for Tennesseans.
Commissioner Bill Hagerty and I continue to meet with existing businesses in Tennessee to hear firsthand what we can be doing to strengthen our state's already attractive business climate.

We have also met with CEOs across the nation to promote Tennessee as a great place to live, work and invest.

Last week, I joined the Secretary of State, Comptroller, Treasurer, Lt. Governor and Finance Commissioner Mark Emkes in New York for presentations to the bond rating agencies.

Tennessee is well-positioned. We are a low tax state, with low debt. We had the opportunity to highlight Tennessee's history of prudent fiscal management and shared our plans for operating state government with less federal funding.

Their main concerns were the federal government's fiscal responsibility and how cuts could impact states like Tennessee.

We expect to hear back from the ratings agencies in the next month or so and feel encouraged that our message was well-received.

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