GNB Update

Good afternoon...Here's the news for Wednesday...



Albany and Dougherty County could soon get a much-needed boost from President Barack Obama's proposed stimulus package. That's according to an article in Wednesday's Albany Herald. Lobbyists representing interests in the southwest Georgia city are working to get the funding that's needed for multiple projects totaling up to $80 million. The U.S. Senate voted 61-37 to approve its version of the President's stimulus package. That proposal has $838 billion in funding. It's a similar comparison to the U.S. House's package calling for $819 billion to be spent.

A key bill considered by the Georgia Senate has passed by a large margin. It passed "SB 31" earlier Wednesday afternoon. It would allow Georgia Power to recover early costs at Plant Vogtle, which located between Augusta and Waynesboro. The final tally of the vote was 38-16.

The fortunes that helped peanut farmers in 2008 may haunt them in 2009. The Southeast Farm Press reports that last year's peanut crop was a record. It totaled more than five billion pounds. That's 40 percent more than last year. But growers are anticipating a 25 percent drop in production, and a 15 to 20 percent decrease in prices. Those findings were revealed during the 33rd annual Georgia Peanut Farm Show in Albany.

And finally, your property taxes may soon go up. Peach Pundit tells you why that may be possible.

That's the news for this Wednesday. As always, you can visit georgianewsbeat.blogspot.com for for the freshest news content every day. Have a great afternoon.