Current:Home > reviewsGeorgia Gov. Kemp declares state of emergency over inflation -TrueNorth Capital Hub
Georgia Gov. Kemp declares state of emergency over inflation
View
Date:2025-04-18 18:54:17
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
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Missouri House Democrat is kicked off committees after posting photo with alleged Holocaust denier
- U.S. and UAE-backed initiative announces $9 billion more for agricultural innovation projects
- Jonathan Majors begged accuser to avoid hospital, warning of possible ‘investigation,’ messages show
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Ukraine’s human rights envoy calls for a faster way to bring back children deported by Russia
- Ryan O’Neal, star of ‘Love Story,’ ‘Paper Moon,’ ‘Peyton Place’ and ‘Barry Lyndon,’ dies at 82
- Scottish court upholds UK decision to block Scotland’s landmark gender-recognition bill
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Bulgarian parliament again approves additional military aid to Ukraine
Ranking
- $73.5M beach replenishment project starts in January at Jersey Shore
- Polish truck drivers are blocking the border with Ukraine. It’s hurting on the battlefield
- Air Force major says he feared his powerlifting wife
- U.S. and UAE-backed initiative announces $9 billion more for agricultural innovation projects
- Could your smelly farts help science?
- Barry Manilow loved his 'crazy' year: Las Vegas, Broadway and a NBC holiday special
- FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
- What’s streaming now: Nicki Minaj’s birthday album, Julia Roberts is in trouble and Monk returns
Recommendation
Louvre will undergo expansion and restoration project, Macron says
Every college football conference's biggest surprises and disappointments in 2023
Rot Girl Winter: Everything You Need for a Delightfully Slothful Season
Federal judge poised to prohibit separating migrant families at US border for 8 years
'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
UN takes no immediate action at emergency meeting on Guyana-Venezuela dispute over oil-rich region
Police in Dominica probe the killing of a Canadian couple who owned eco-resort
Californian passes state bar exam at age 17 and is sworn in as an attorney