Two years ago, the COVID-19 pandemic shut down Georgia’s economy. But with both households and state governments getting a leg up with federal CARES Act relief funds, experts with the Pew Charitable Trusts are now focusing on how the state budget has bounced back.
As federal COVID funds give Georgians a “leg up,” are spending decisions right now, right for tomorrow? Is that $250 individual state tax rebate coming to Georgians the right move?
Josh Goodman is a senior officer at the Pew Charitable Trusts, which provides the bulk of financial support to the Pew Research Center. He’s studying how lawmakers are handling Georgia’s budget surplus because of the surge in federal funds.
This as Gov. Brian Kemp has already signed the mid-year budget that funds the Georgia government through June 30. It includes pay raises for teachers and state employees.
One question Goodman is asking: does the surplus mean the feds could hold back on relief during future economic downturns?
