By Ashley Speagle
Correspondent
ATLANTA — Georgia Gov. Sonny Perdue on Thursday proposed slashing Medicaid reimbursements and canceling the annual sales tax holiday for back-to-school shoppers to help cope with the continued freefall in state revenues.
In a Capitol news conference, Gov. Perdue said he decreased the current fiscal 2010 budget by $342 million but replaced those state funds with federal stimulus money from fiscal 2011. That will mean $442 million less in the budget year that begins July 1, he said.
He ruled out a tax increase.