Current location:Culture Canvas news portal > health
Georgia governor signs budget boosting spending, looking to surplus billions to cut taxes in future
Culture Canvas news portal2024-05-08 12:16:18【health】7People 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.
Address of this article:http://tunisia.e-directivos.com/content-0c799243.html
Very good!(9793)
Related articles
- What's New for China's New Development Pattern and Why Is It crucial?
- Smoke from Parnell fire seen throughout central Auckland
- VOX POPULI: Shizuoka head’s sudden exit leaves question about his ‘talent’
- Arizona Supreme Court reinstates near
- Xi's Command in China's Battle Against COVID
- Australian police search area south of Ballarat for body of missing mum Samantha Murphy
- Russia, Germany, UK urge restraint as Iranian threat puts Middle East on edge
- Russia, China condemn Australian nuclear submarine deal
- Xi's Love for the Yellow River
- Hong Kong struggles to win back long
Popular articles
Recommended
Industry sees OpenAI's Sora as a game changer
‘They saw me as a cheat and a liar’
Ombudsman decries lack of change in prisons since Covid
Li Keqiang death: Former Chinese premier dead at 68 after heart attack, state media says
Protein markers tied to chemotherapy success
Alibaba to invest HK$5 billion in Hong Kong entertainment sector
Chief Ombudsman Peter Boshier to stay, despite resigning over age rule
O.J. Simpson, football star turned celebrity murder defendant, dies at 76
Links
- Blue Jays reinstate outfielder Kevin Kiermaier from injured list
- How an injury
- Mark Hamill drops by White House before 'Stars Wars' day
- Drake releases ANOTHER Kendrick Lamar diss track
- Putin begins a new era of extraordinary power in Russia
- Georgian protesters against 'Russia
- King Charles openness about cancer has helped him connect with people
- Gausman tosses 5 1/3 scoreless innings, Kiermaier homers and Blue Jays beat Nationals 6
- Pictured: The remarkable floating 'capsule resort' in Thailand that you can only reach by boat
- Logan Gilbert throws 8 dominant innings in Mariners' 5