Current:Home > reviewsGeorgia Gov. Kemp declares state of emergency over inflation -Quantum Capital Pro
Georgia Gov. Kemp declares state of emergency over inflation
View
Date:2025-04-17 00:50:55
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! (798)
Related
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Here's the maximum Social Security benefit you can collect if you're retiring at 70 this year
- In historic first, gymnast Morgan Price becomes first HBCU athlete to win national collegiate title
- Mega Millions winning numbers for April 12, with $125 million jackpot at stake
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- 1 killed, several injured when big rig plows into Texas Department of Public Safety office in apparent intentional act, officials say
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, PTA Meeting
- 'The Sympathizer' review: Even Robert Downey Jr. can't make the HBO show make sense
- Tom Holland's New Venture Revealed
- NBA playoffs: Who made it? Bracket, seeds, matchups, play-in tournament schedule, TV
Ranking
- All That You Wanted to Know About She’s All That
- Caitlin Clark joins 'Weekend Update' desk during surprise 'Saturday Night Live' appearance
- 2 bodies found, 4 people arrested in connection to missing Kansas women in Oklahoma
- French president Emmanuel Macron confident Olympics' opening ceremony will be secure
- Skins Game to make return to Thanksgiving week with a modern look
- Pilot of experimental plane fell out and hit the tail in 2022 crash that killed 2, investigators say
- The best (and worst) moments of Coachella Day 2, from No Doubt's reunion to T-Pain's line
- How LIV Golf players fared at 2024 Masters: Bryson DeChambeau, Cameron Smith tie for sixth
Recommendation
Highlights from Trump’s interview with Time magazine
Off the Grid: Sally breaks down USA TODAY's daily crossword, Smack Dab in the Middle
Jill Duggar Dillard, Derick Dillard reveal stillbirth of daughter Isla Marie in emotional post
As Climate Change Intensifies Wildfire Risk, Prescribed Burns Prove Their Worth in the Heat-Stressed Plains of the Texas Panhandle
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
Slain nurse's murder investigation uncovers her killer's criminal past, web of lies
Tax pros warn against following terrible tax tips circulating on TikTok
Nearly 1 in 4 Americans plan to decrease 401(k) contributions. Why it could be a bad idea