Gov. Sonny Perdue said Monday the state’s flagging economy is making it necessary to cut millions of dollars from the budget.
Perdue said months of sluggish tax collections mean the state may not bring in enough money to meet its budget for the current fiscal year. Instead of dipping into a $1.5 billion reserve fund, Perdue wants Georgia to tighten its belt in case even tougher economic times are ahead.
Oh, and apparently hell has frozen. The AP notes that
Lt. Gov. Casey Cagle said in a statement that he agreed with the governor’s move to reduce spending.
“It is always our goal to lead in a fiscally responsible manner,” Cagle said.
There was no immediate comment from House Speaker Glenn Richardson.