Current:Home > ScamsGeorgia Gov. Kemp declares state of emergency over inflation -Thrive Success Strategies
Georgia Gov. Kemp declares state of emergency over inflation
View
Date:2025-04-14 00:53:33
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! (1249)
Related
- What do we know about the mysterious drones reported flying over New Jersey?
- Judge finds woman incompetent to stand trial in fatal stabbing of 3-year-old outside supermarket
- An 8-year-old Ohio girl drove an SUV on a solo Target run
- A New York woman is challenging Miss America, Miss World rules banning mothers from beauty pageants
- Trump issues order to ban transgender troops from serving openly in the military
- Disney Launches 2024 Holiday Pajamas: Sleigh the Season With Cozy New Styles for the Family
- Cardi B Reunites With Offset in Behind-the-Scenes Look at Birth of Baby No. 3
- A New York woman is challenging Miss America, Miss World rules banning mothers from beauty pageants
- Intellectuals vs. The Internet
- How Sister Wives Addressed Garrison Brown’s Death in Season Premiere
Ranking
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Tito Jackson, member of the Jackson 5, has died at 70, his sons say
- Powerball winning numbers for September 14: Jackpot climbs to $152 million
- Tropical storm warning issued for Carolinas as potential cyclone swirls off the coast
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Microsoft solves 365 outage that left thousands unable to access email, Teams, other apps
- The next generation of Buffetts is poised to become one of the biggest forces in philanthropy
- The presidential campaign moves forward after another apparent attempt on Trump’s life
Recommendation
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Ja'Marr Chase's outburst was ignited by NFL's controversial new hip-drop tackle rule
Polaris Dawn was a mission for the history books: Look back at the biggest moments
An 8-year-old Ohio girl drove an SUV on a solo Target run
Current, future North Carolina governor’s challenge of power
Renowned Alabama artist Fred Nall Hollis dies at 76
Fantasy football buy low, sell high: 10 trade targets for Week 3
Halloween shouldn't scare your wallet: Where to find cheap costumes and decoration ideas