how much difference does all of that make in terms of business confidence? i think we are seeing business confidence rise. we have also got through the pattern earlier in this year, so january, february, where a lot of exporters were holding back from the market because they were scared or they were finding difficulties with filling in forms, for example to trade with the eu. and one of the interesting things is actually trade has gone up with the eu and non eu. so, that is something that is actually very positive to take away from all of this. and there will be a feel good factor. there is already a feel good factor. we are beginning to see the end of lockdown restrictions, euro 2020 is making a big difference to people s sentiment, so we may see our way through this with some spending increase. but markets had a bit of a wobble yesterday. there are concerns globally about the delta variant and it is one to watch.
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by Nyamekye Daniel, The Center Square | February 12, 2021 04:00 PM Print this article
The Georgia General Assembly approved a more than $650 million increase in spending for fiscal year 2021 on Thursday after lawmakers in the Senate and House came to agreement on an amended budget.
Lawmakers approved a plan that restores 60% of K-12 school funding and adds spending for public health, state employee raises, broadband internet expansion, higher education and state vehicles. The bill now heads to Gov. Brian Kemp for final approval.
Two budgets are passed through the General Assembly every legislative session. Lawmakers must review and approve spending for the remainder of the current fiscal year, also known as the Amended Fiscal Year (AFY) budget, and approve the budget for the next fiscal year, which begins July 1.
exchanging hands, so any good or bad headlines can swing markets upward. overall though, for 2019, it s shaping up to be a stellar year for the economy and markets. trade tensions have sabbagh subsided.banks across the globee printing money. federal reserve has alluded to keep interest rates for the are the time being. plus, you ve got u.s. consumers that are spending and just last month, you saw you a spending increase as americans bought more cars and spend more on health care. all factors that bode well for 2020. i like to point out that tomorrow is only a half day of trading, speeds coming bret. it s the official first day of what we call the santa claus rally. last year, the dow fell 650 points on christma christmas evt can still happen. bret: will be watching.
i think 5% in cuts to education, health, environmental protections. will he be personalized for want doing that? there are parts of the base who think those things are important to them? he s trying to continue to crease the military, the defense spending budget as well. we re at 716 billion now. he wants to raise that to 750 billion in the next fiscal year. and that is something that he has promised a lot and out toed a ltouted a lot on the campaign trail. it was about a year ago when he looked like he wasn t going to silent spending bill that time over disputes over the wall. republicans were actually able to persuade him to sign it because of that major spending increase for the military. so this really sis a blueprint n terms of his priorities come together 2020 election. it s just not going anywhere in reality. let s talk about 2020 because