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Georgia Senate's Budget Overhaul: Pension Boost, Voucher Increase

Georgia Senate's Budget Overhaul: Pension Boost, Voucher Increase

Savannah News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 28, 20261m 16s

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Show Notes

Georgias Senate unanimously passed a revised $38.5 billion budget for FY 2023, making significant changes to the Houses initial plan. The Senate cut $110 million from public college funding, increased private K-12 voucher funding by $31 million, and allocated an additional $100 million for state employee pensions. The pension boost aims to address decades of inflation. The Senate also shifted the Houses literacy push, replacing coach funding with a $70 million grant and eliminating $11 million for food stamp eligibility checks, opting for free help from Equifax instead. The budget now heads to a conference committee for further negotiations.

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