Thursday, December 4, 2008
News More bad budget news from Sonny
Posted by Scott Henry @ScottTheHenry on Thu, Dec 4, 2008 at 8:41 PM
In September, Gov. Perdue asked state agencies to give him three prospective budget plans for their departments – reflecting a 6-percent, 8-percent and 10-percent decrease in appropriations – so that he'd be prepared to deliver a state budget early next year that best reflects the current economic conditions.
Well, according to InsiderAdvantage's Dick Pettys, Sonny has already dashed the hopes of optimists who had hoped Georgia could skate through the recession with minimal belt-tightening.
Gov. Sonny Perdue said Wednesday that upcoming state budget cuts may be nearer the 8 percent mark next year than the 6 percent he’s been holding back from state agencies.
and
“We’ve sent a signal almost in an involuntary way: (you) need to be prepared for 8 percent,” he told reporters following his speech. He said he’s met with agency heads and believes the cuts will take place with “minimal” impact on service delivery. “Hopefully we won’t need that (8 percent level), but we’d better be prepared if we do,” he said.
Sonny, however, said he wasn't paying much heed to certain nay-saying UGA economists who predict the recession will be deep and long-lasting. But don't take the homeboys' word for it; most national economists are warning of a recession that could last up to 2 years – 9 months is the norm – followed by a slow, painful recovery. Good times.
If you want to read more about how Georgia might cope with the hard times ahead, you can peep my news feature this week and the spirited online debate the article provoked over on Peach Pundit.
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