No issue in the 2010 legislative session has been more important than passing a balanced, fiscally responsible state budget. During the 2009 session, Lt. Governor Cagle led the way in filling a $3 billion budget shortfall by cutting spending -- not raising taxes.
* Spending to state golf courses was cut, and a plan was developed to make halls of fame self-sustaining. Departments consolidated services and the state sold an underutilized Department of Transportation Plane.
* Unlike Washington, Georgia's leaders can't print new money to cover the shortfall. With an uncertain economy and a $1.5 billion deficit in the 2010 session, Lt. Governor Cagle is ensuring a balanced budget is passed that includes responsible spending cuts, elimination of wasteful government spending, new efficiencies, and consolidation of certain state agencies.
* Early in the session, Lt. Governor Cagle and Senate Leadership formed a Budget Task Force to confront these challenges. The Task Force is comprised of experienced business and policy leaders who have provided meaningful recommendations to the Senate regarding both short and long-term budget solutions. They enhance the ongoing work of budget experts and committee chairmen by bringing real-life business experience to the budget conversation.
* By making the difficult decisions now, Lt. Governor Cagle is protecting the fiscal health of Georgia and making our state an attractive location for new business and growth.