Current:Home > ContactGeorgia Gov. Kemp declares state of emergency over inflation -AssetBase
Georgia Gov. Kemp declares state of emergency over inflation
Benjamin Ashford View
Date:2025-04-08 06:38:34
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! (84)
Related
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Horoscopes Today, November 6, 2023
- 11 Comfy (and Cute) Thanksgiving Outfit Ideas for Every Type of Celebration
- A year after 2022 elections, former House Jan. 6 panel members warn of Trump and 2024 danger
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Bronny James in attendance for USC opener in Las Vegas, and LeBron James hopes for a comeback
- Who was Muhlaysia Booker? Here’s what to know after the man accused of killing her pleaded guilty
- California beach closed after 'aggressive shark activity'; whale washes up with bite marks
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- The Supreme Court takes up a case that again tests the limits of gun rights
Ranking
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Eye drop recall list: See the dozens of eye care products recalled in 2023
- California beach closed after 'aggressive shark activity'; whale washes up with bite marks
- Damar Hamlin launches scholarship in honor of Cincinnati medical staff who saved his life
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Hezbollah and Hamas’ military wings in Lebanon exchange fire with Israel. Tension rises along border
- When is Veterans Day 2023 observed? What to know about the federal holiday honoring vets
- Suspect killed and officer shot in arm during Chicago shootout, police say
Recommendation
Rylee Arnold Shares a Long
Abigail Breslin Mourns Death of My Sister’s Keeper Costar Evan Ellingson
Bronny James in attendance for USC opener in Las Vegas, and LeBron James hopes for a comeback
Oldest black hole discovered dating back to 470 million years after the Big Bang
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
Virginia voters to decide Legislature’s political control, with abortion rights hotly contested
CFDA Fashion Awards 2023: See Every Star on the Red Carpet
The college basketball season begins with concerns about the future of the NCAA tournament