Current location:style >>
Georgia governor signs budget boosting spending, looking to surplus billions to cut taxes in future
style978People have gathered around
IntroductionATLANTA (AP) — Georgia Gov. Brian Kemp is both increasing spending and cutting taxes as state tax re ...
ATLANTA (AP) — Georgia Gov. Brian Kemp is both increasing spending and cutting taxes as state tax revenues decline, saying he is looking to the state’s billions in surplus to allow him to remain on that course.
The Republican governor on Tuesday signed a $36.1 billion budget for the year beginning July 1 that will boost pay for public school teachers and state employees, while spending more on education, health care and mental health.
Including federal money and other funds such as college tuition, the state will spend $66.8 billion overall.
In remarks to reporters at the state Capitol after signing the spending plan, Kemp said this year’s legislative session “offered something for everybody.”
Georgia has $5.4 billion set aside in its rainy day fund, which is filled to its legal limit of 15% of state revenue. Beyond that, it had $10.7 billion in surplus cash collected over three years. Lawmakers approved Kemp’s plan to spend more than $2 billion of the surplus in changes to the current budget, which ends June 30. But that would leave more than $8 billion in reserve.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“International Interactions news portal”。http://algeria.whetstonetavern.com/article-9e199798.html
Related articles
Kylie Jenner wears bullet
styleKylie Jenner channeled old Hollywood glamour for her red carpet look at the star-studded 2024 Met Ga ...
【style】
Read moreMitch Marsh to lead Australia at cricket's Twenty20 World Cup. Steve Smith misses selection
styleMELBOURNE, Australia (AP) — Mitch Marsh will captain Australia at the Twenty20 World Cup next month, ...
【style】
Read moreDarvish earns 1st win of season and Machado hits 3
styleSAN DIEGO (AP) — Yu Darvish earned his first win of the season, pitching five shutout innings after ...
【style】
Read more
Popular articles
- Rainfall allows Spain's Catalonia to ease water restrictions for 1st time during drought
- Lele Pons reveals she was attacked by pit bull while defending her dog from being mauled
- Escape the ordinary: Top 10 irresistible spring travel tips, from sun
- Tori Spelling, 50, would 'love to have another baby'
- Wisconsin Republicans launch audit of state government diversity efforts
- Google and Apple now threatened by the US antitrust laws helped build their technology empires
Latest articles
Giro leader Tadej Pogacar finally takes it easy in Stage 4. Jonathan Milan takes a sprint victory
General Hospital's Nancy Lee Grahn defends former co
I kissed A Girl line
Has Emily finally found love? Lily Collins looks gooey
REVEALED: New PROOF the anti
Raúl Ruidíaz scores two goals and the Sounders beat the Union 3
LINKS
- Video shows Robert De Niro rehearsing for a Netflix series, not yelling at anti
- FAFSA financial aid rollout leaves college dreams in limbo
- Red Bull chief technical officer Adrian Newey to step down from F1 team
- Dozens of protesters against so
- Watch where you're going! Heart
- How you could be allergic to your glass of wine
- Hurricanes' depth proves critical to secure 2nd
- Lawmakers want the Chiefs and Royals to come to Kansas, but a stadium plan fizzled
- Indonesia’s Ruang volcano spews more hot clouds after eruption forces closure of schools, airports
- Tennis legend Boris Becker discharged from bankruptcy court in England