Revenue is static, expenditures are going up and you have a very substantial fiscal problem.

It is theoretically possible for a substantial chunk of that revenue to displace those funds.

TVA is a substantial part of the problem, especially in the western part of the state.

You can't solve a real revenue problem with rosy projections,

While we are lowering our [fiscal 2003 earnings estimates] on lower revenue, we continue to believe there are cost savings-driven opportunities beyond the company's $2.5 billion target.

Rather than waiting to restore fiscal responsibility after we pass legislation, we must work to ensure we remain committed to it as we draft legislation.