The state could face at least a $4 billion shortfall over the next 15 months without more federal aid, likely meaning layoffs and furloughs across the government in the coming year, a new report out Monday says. […] The Georgia
The economic impacts of coronavirus could put the state government $3 billion to $4 billion in the hole during the next fiscal year, an Atlanta-based public policy think tank warned Monday. Closing such a huge budget shortfall without massive cuts
Less than an hour after passing a state budget that included spending cuts, the Georgia House backed a plan Tuesday to cut the state income tax rate for the second time since 2018. […] The Georgia Budget and Policy Institute,
Georgia state lawmakers are moving forward with a proposal to further cut the state income tax rate, and shift its structure from a graduated income tax ranging from 2% to 5.75% depending on income to a flat income tax rate: 5.375%
The state received disappointing tax collections for a fifth consecutive month in November. An earlier rate cut has likely played a major role in the revenue slide. The latest revenue news comes about a month before lawmakers will reconvene for
Gov. Brian Kemp’s administration says layoffs should be the last resort for state agencies trying to meet his call for budget cuts, but department heads have been contacting employees in recent weeks to tell them their jobs may be eliminated,
Georgia legislative leaders scheduled meetings later this month to hear how state agencies plan to respond to Gov. Brian Kemp’s call to cut their budgets, but they may spend that time talking to each other. The Kemp administration plans to
The state agency that oversees programs that deliver health care to about a quarter of Georgians isn’t ruling out job cuts to meet Gov. Brian Kemp’s edict to slash department budgets over the next two years. Our tax and budget
State lawmakers have seldom seen a tax cut they didn’t vote for, but legislators will be asked during the 2020 session to approve a reduction in the top income tax rate that a new report from GBPI’s Danny Kanso says
Georgia’s governor has ordered all state agencies to slash their budgets by 4% this year and an additional 6% next year. This is the first time state agencies have gotten an order like this since the Great Recession hit 10
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