Current location:sport >>
Georgia governor signs budget boosting spending, looking to surplus billions to cut taxes in future
sport1People 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.“Global Gatherings news portal”。http://tajikistan.allesfuersjagen.com/article-1c799982.html
Related articles
Highlights of Xi and Putin's Talks in Russia
sportContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【sport】
Read moreChinese cities to see tourism peak in New Year's Day holiday
sportChina's major railway ticket booking platform 12306 showed that, as of 15:00 on Dec 17, tickets ...
【sport】
Read more'Puppet Sister' Creates 'Intelligent' Robot Performers
sportContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【sport】
Read more
Popular articles
Latest articles
Xiplomacy: How Chinese, Iranians Enrich Mutual Understanding
Exploring 'Key to Green Development'
My Dream Is to Become a Director in China
Zheng Zhenxiang: A Life Dedicated to Archeology
China ‘disappointed' as US blocks Gaza ceasefire for 4th time at UN
Entrepreneur Helps Rural Women Shake off Poverty in Northwest China
LINKS
- Help is coming for a Jersey Shore town that's losing the man
- Brit father, 51, is left fighting for life after freak fall while using gym on Turkish holiday
- Moment crooked dine
- Windows 11 users Start Menu will soon have ADVERTS
- Maine govenor signs off on new gun laws, mental health supports in wake of Lewiston shootings
- European soccer leagues insist they have no plans for games in the US. A lawsuit could change that
- Animal groups are urging tourists not to visit Wyoming after a man hit a wolf then took it to a bar
- Commerce Department announces new restrictions on U.S. firearms exports
- MLB presence in Mexico goes beyond just hosting another regular
- AP Week in Pictures: North America