Current:Home > MyGeorgia Gov. Kemp declares state of emergency over inflation -EquityZone
Georgia Gov. Kemp declares state of emergency over inflation
View
Date:2025-04-14 12:44:31
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! (1)
Related
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Powerball winning numbers for November 11 drawing: Jackpot hits $103 million
- Bev Priestman fired as Canada women’s soccer coach after review of Olympic drone scandal
- NCT DREAM enters the 'DREAMSCAPE': Members on new album, its concept and songwriting
- Senate begins final push to expand Social Security benefits for millions of people
- Driver dies after crashing on hurricane-damaged highway in North Carolina
- Georgia public universities and colleges see enrollment rise by 6%
- Horoscopes Today, November 11, 2024
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Women’s baseball players could soon have a league of their own again
Ranking
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Denver district attorney is investigating the leak of voting passwords in Colorado
- Lululemon, Disney partner for 34-piece collection and campaign: 'A dream collaboration'
- Chris Evans Shares Thoughts on Starting a Family With Wife Alba Baptista
- A South Texas lawmaker’s 15
- Tony Hinchcliffe refuses to apologize after calling Puerto Rico 'garbage' at Trump rally
- Residents urged to shelter in place after apparent explosion at Louisville business
- Wreck of Navy destroyer USS Edsall known as 'the dancing mouse' found 80 years after sinking
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Louisiana House greenlights Gov. Jeff Landry’s tax cuts
Arkansas governor unveils $102 million plan to update state employee pay plan
Mississippi man charged with shooting 5 people after not being allowed into party
New data highlights 'achievement gap' for students in the US
As CFP rankings punish SEC teams, do we smell bias against this proud and mighty league?
A herniated disc is painful, debilitating. How to get relief.
Ariana Grande's Brunette Hair Transformation Is a Callback to Her Roots