Saying his budget proposal for fiscal 2010 was being “presented in an economic environment more difficult than any we have been through since the Great Depression,” Tennessee Gov. Phil Bredesen Monday night outlined for lawmakers a $29.3 billion spending plan that includes using debt for some projects previously funded with cash.

Bredesen’s proposed budget is 1.47% less than the current year. He also recommended that the state use $4.5 billion from the federal stimulus package and proposed using $1.4 billion in the current year, $2 billion in fiscal 2010, and $1.1 billion in fiscal 2011.

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