January 1, 2009
State officials say that Georgia faces a $1.6 billion to $1.8 billion shortfall in its current $21 billion budget. Gov. Sonny Perdue (R) has ordered agencies to cut spending by 8% and plan for cuts in their 2010 budget requests. Perdue has unveiled plans for borrowing to spend on new capital projects and raising taxes on hospitals.
More on Georgia here.
The Tax Policy Blog is the official weblog of the Tax Foundation, a non-partisan, non-profit research organization that has monitored tax policy at the federal, state and local levels since 1937. Our economists welcome your feedback. If you would like to send an e-mail to the author of a blog post, please click on that person's name to locate his or her e-mail address or visit our staff page here.
Disclaimer: All views expressed on the Tax Foundation’s Tax Policy Blog are those of the individual authors, and do not necessarily represent the views of the Tax Foundation, its Board of Directors, or its financial contributors. The Tax Foundation makes no representation concerning the views expressed, and does not guarantee the source, originality, accuracy, completeness or reliability of any statement, information, data, finding, interpretation, advice, opinion, or view presented.