(The Center Square) – The Tennessee General Assembly is beginning to look at the state budget and what is going on in Washington needs to be considered, the chairman of the Senate Ways and Means Committee said Monday.

The committee reviewed the Tennessee 2024 Annual Comprehensive Financial Report, which showed the state’s net position increased by $2.1 billion for fiscal year 2025. The increase was down from the previous year, when the position increased by $6 billion.