According to the Center on Budget and Policy Priorities, Georgia has one of the largest budget deficits in the country at $1.8 billion or 8.7% the FY 2009 budget.

Rumors are going around about a special session to address the budget woes in November or December. A tax increase of some sort is possible, perhaps even the withholding of property tax relief if Governor Perdue gets his way.

This is what happens when government grows. Georgia has had an exploding budget, especially since Republicans took control of the legislature. Out of the 107 legislators that make up the Republican caucus, only six or seven have taken a stand on this outrageous growth.

We heard last week that California is asking for a $7 billion bailout from the federal government. If things get worse, Georgia could be next.

H/T: Reason Foundation