Budget and Taxes Fact Sheets Policy Areas Spending Cuts Harm Georgia’s Economy More Than Targeted Tax Increases March 3, 2010 / January 15, 2020 by GBPI Staff Lawmakers should close the deficit and protect local economies by raising more revenues: “It is important not to crush state budgets by relying solely on spending cuts,” said Zandi of Moody’s Economy.com. Download the PDF. Read more » budget deficit Fact Sheet spending cuts State Budget State Taxes tax increases