Governor cuts budget after income tax bill creates $1.3 billion hole

Governor Brian Kemp signed an income tax cut bill that created a $1.3 billion revenue shortfall, leading to $300 million in budget cuts for new spending. The tax cut, part of Kemp's campaign promise, reduced Georgia's income tax rate from 5.19% to 4.99% and included additional measures like increased standard deductions and exemptions for overtime and tips.