Current:Home > ContactGeorgia Gov. Kemp declares state of emergency over inflation -AssetTrainer
Georgia Gov. Kemp declares state of emergency over inflation
View
Date:2025-04-26 08:20:16
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! (1545)
Related
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- 2 women killed, man injured in shooting at Vegas convenience store; suspect flees on bicycle
- PacifiCorp ordered to pay Oregon wildfire victims another $42M. Final bill could reach billions
- VIP health system for top US officials risked jeopardizing care for rank-and-file soldiers
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- NFL rumors: Saquon Barkley expected to have multiple suitors in free agency
- Busta Rhymes cancels all 2024 Blockbusta tour dates a week before kickoff
- Married LGBTQ leaders were taking car for repairs before their arrest in Philadelphia traffic stop
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Hits, Flops and Other Illusions: Director Ed Zwick on a life in Hollywood
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Sister Wives' Garrison Brown Welcomed New Addition Days Before His Death
- Why Dakota Johnson Says She'll Never Do Anything” Like Madame Web Again
- Police find more human remains on Long Island and identify victims as a man and woman in their 50s
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Going into Super Tuesday, Nikki Haley's support boosted by her appeal to independents, women
- Police find more human remains on Long Island and identify victims as a man and woman in their 50s
- Sen. Ted Cruz of Texas to face Colin Allred in general election
Recommendation
What to watch: O Jolie night
Teamsters vote to ratify a 5-year labor agreement with Anheuser-Busch, avoiding strike
Best Hair Products for Thin Hair and Fine Hair That Really Pump Up the Volume
Nick Swardson escorted off stage during standup show, blames drinking and edibles
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
Liberty University agrees to unprecedented $14 million fine for failing to disclose crime data
5-time Iditarod champ Dallas Seavey kills and guts moose after it injured his dog: It was ugly
Homes near St. Louis County creek are being tested after radioactive contamination found in yards