ATLANTA --- Show us the money.

That'll be the refrain when Georgia's Legislature returns to Atlanta today and lawmakers grapple with a massive budget shortfall that will color nearly every decision that's made under the Gold Dome.

Gov. Sonny Perdue has already ordered most state agencies to slash their budgets by 8 percent. State workers have been furloughed. Fees at public colleges are rising. Health benefits for the poor are being scaled back.

The cuts could go deeper if the economy continues to worsen. Tumbling state revenues have ripped a deficit in the budget that's expected to top $2 billion for the current fiscal year. It comes as the recession pumps up the demand for government services such as Medicaid, food stamps and unemployment benefits.

At the same time, Georgia is wrestling with vexing -- and costly -- infrastructure needs to keep up with booming growth in metro Atlanta. Roads are clogged with traffic. Additional reservoirs are needed to quench the region's fast-growing thirst.

"It's going to be a painful session," predicted Lt. Gov. Casey Cagle.

TAX INCREASES TO fill the budget gap appear to be off the table. Republican legislative leaders have been cool to proposals that would slap new levies on strip club patrons, cigarettes or groceries.

Instead, they're talking about capping the rate at which home assessments can rise, a move that would hobble the ability of cash-strapped local governments to raise revenue.

Conservative Republicans cast the budget woes as an opportunity to "right-size" state government and get back to basics.

"It gives us the chance to really prioritize and figure out what government is here for," said Kelly McCutchen, the vice president of the Georgia Public Policy Foundation, an Atlanta-based conservative think tank.

The first salvo in the budget battle will come Wednesday when Mr. Perdue unveils his spending plan. He's pledged to include an aggressive bond package to kick start the state's economy by borrowing to fund road projects and school construction.

Legislators will be able to tinker with how the money is spent, but they won't be able to change the overall amount the state may spend. The governor has the sole authority to set that figure and the state is constitutionally prohibited from running a deficit.

The latest news from state money managers was bleak. On Friday, they reported tax collections plunged 8.9 percent for December from the same month the year before. For the fiscal year that began July 1 revenues slumped by 2.7 percent, dragged down by sluggish sales and income taxes.

THE FOCUS ON the budget meltdown is likely to mean other legislation will take a back seat.

Still, a plan to fund transportation improvements could move quickly this session after falling just short of the needed votes last year. It would likely allow local governments to band together to assess a one-cent sales tax to fund road improvements.

School vouchers could also emerge as a politically charged brawl. State Sen. Eric Johnson, a Savannah Republican, has said he wants to give parents in failing school districts more options.

But the top Democrat, state Sen. Robert Brown of Macon, predicted "the nuclear fight over universal vouchers will be more explosive than the Republican budget crisis."