Chamber of Commerce Legislative Breakfast – January 2026

President Wightman detailed how generous state funding for the trades is being utilized:

  • TCAT Upper Cumberland North: A brand-new campus specializing in Diesel Powered Equipment Technology and Truck Driving.
  • Main Campus Improvements: Plans include a new industrial building and expanded parking capacity.
  • Regional Footprint: Growth now includes facilities in Bledsoe and Putnam counties, adding to the two Crossville campuses and the Overton county site.
  • Service Area: The network is now positioned to serve students across 14 counties.

Senator Bailey provided an economic outlook based on his perspective as a business owner and Chairman of the Senate Commerce and Labor Committee:

  • Economic Indicators: Noted a slowing trend in the economy (evidenced by his own trucking business), suggesting a “tight budget year” ahead for Tennessee.
  • The Rainy Day Fund: Highlighted a 12-year recovery that moved the state from a $300 million deficit to a $2 billion reserve.
  • Population Pressure: Over 700,000 new residents have increased tax revenue but also heightened the demand for state services.
  • Policy Priorities:
    • Addressing federal funding impacts related to the “Big Beautiful Bill.”
    • Securing a $50,000 minimum starting salary for teachers this year.
    • AI Oversight: Serving on a special committee to protect youth from tragedies like depression and suicide caused by the “false companionship” of AI technology.

Speaker Sexton addressed budget misconceptions and the state’s long-term competitive strategy:

  • Budget Clarity: Refuted claims of “doubling” the budget; adjusted for inflation, the budget has only increased 1.8% annually
  • Bond Ratings: Clarified that “spending” includes investments into the Rainy Day Fund, which secures attractive bond ratings for both the state and local counties.
  • Tourism & Local Impact: State-wide investment in hiking trails and state park enhancements.
  • Energy & Technology:
    • Investing in small modular nuclear reactors to meet the massive power needs of Quantum computing and networking.
    • Positioning Tennessee to compete internationally for major corporations.
  • Global Access: Highlighted the expansion of Nashville International Airport (BNA) with direct flights to London and upcoming service to Asia.
  • Public Safety: Noted that Memphis crime reached a 40-year low after an 80-day joint state/federal operation removed 4,000 violent individuals from the streets.
  • Healthcare & Education:
    • Seeking better definitions for “basic healthcare” to align insurance options with consumer preferences and needs.
    • Combating the teacher shortage by exploring 2-year or hybrid degree programs with universities, focused on practical classroom needs.
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  • Send questions or topic ideas to Craig@CraigClark-District3.com or (931) 248‑2007.

Thanks for stopping by and for caring about what’s happening in Cumberland County and District 3.

Craig

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