Current:Home > reviewsGeorgia Gov. Kemp declares state of emergency over inflation -Secure Horizon Growth
Georgia Gov. Kemp declares state of emergency over inflation
View
Date:2025-04-13 22:40:15
Georgia Gov. Brian Kemp has declared a state of emergency in response to high inflation, blaming policies coming out of Washington, D.C.
Kemp is temporarily suspending Georgia's excise tax -- taxes enforced on particular goods, services and activities -- on motor and locomotive fuel, his office said in a press release on Tuesday.
"From runaway federal spending to policies that hamstring domestic energy production, all Bidenomics has done is take more money out of the pockets of the middle class," Kemp said in the press release. "While high prices continue to hit family budgets, hardworking Georgians deserve real relief and that's why I signed an executive order today to deliver it directly to them at the pump."
MORE: New Apple iPhone features USB-C port, improved cameras
He added that his administration will work with Georgia's General Assembly "to help Georgians weather the economic headwinds caused by this president, his administration, and their allies in Congress."
Kemp's executive order goes into effect at Midnight on Wednesday and lasts until Oct. 12.
Consumer prices increased 3.2% in July compared to a year ago, according to the Bureau of Labor Statistics.
Core inflation, which strips out volatile food and energy prices, rose 4.7% in July compared to a year ago, particualrly because price increases for commodities like new vehicles and housing stand above the overall inflation rate.
The U.S. Department of Labor will release the latest inflation numbers on Wednesday.
The governor said Georgia residents will save "31.2 cents per gallon of gasoline and 35 cents per gallon of diesel fuel" under the state of emergency.
MORE: Inflation ticked up in July, reversing some progress in fight to slow price hikes
In March 2022, Kemp signed legislation suspending the state's gas tax following Russia's invasion of Ukraine, which led to a spike in gas prices across the country.
During that 10-month suspension, Georgians saved $1.7 billion at the gas pump, Kemp said in Tuesday's press release.
ABC News' Max Zahn contributed to this report.
veryGood! (186)
Related
- What do we know about the mysterious drones reported flying over New Jersey?
- US consumer confidence holds steady even as high prices weigh on household budgets
- These John Tucker Must Die Secrets Are Definitely Your Type
- Mississippi bill seeks casino site in capital city of Jackson
- What do we know about the mysterious drones reported flying over New Jersey?
- Fredette, Barry, Maddox and Travis picked for USA Basketball 3x3 Olympic men’s roster
- Accidents Involving Toxic Vinyl Chloride Are Commonplace, a New Report Finds
- How a stolen cat named Dundee brought a wildfire-ravaged community together in Paradise, California
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Puerto Rico has declared an epidemic following a spike in dengue cases
Ranking
- Meta donates $1 million to Trump’s inauguration fund
- Halle Berry Reveals Her Perimenopause Symptoms Were Mistaken for Herpes
- Everything we know about Shohei Ohtani and his interpreter
- Oliver Hudson says he sometimes 'felt unprotected' growing up with mother Goldie Hawn
- What to watch: O Jolie night
- Score a $260 Kate Spade Bag for $79, 30% Off Tarte Cosmetics, 40% Off St. Tropez Self-Tanner & More Deals
- Women's March Madness Sweet 16 schedule, picks feature usual suspects
- The Bachelorette Alum JoJo Fletcher Influenced Me to Buy These 37 Products
Recommendation
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
Construction site found at Pompeii reveals details of ancient building techniques – and politics
Georgia officials pushing to study another deepening of Savannah’s harbor gets a key endorsemen
Texas AG Ken Paxton is closer than ever to trial over securities fraud charges
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
Bruce Springsteen becomes first international songwriter made a fellow of Britain’s Ivors Academy
March Madness winners, losers from Monday: JuJu Watkins, Paige Bueckers steal spotlight
Maryland panel OKs nomination of elections board member