Chris Hoene on the Governor’s May Revision: Creating a State EITC Is “An Important First Step”

FOR IMMEDIATE RELEASE

SACRAMENTO — The California Budget & Policy Center, a nonpartisan public policy research group, released the following statement from Executive Director Chris Hoene in response to this morning’s release of Governor Jerry Brown’s May Revision to his proposed 2015-16 budget:

“By calling for California’s first-ever state Earned Income Tax Credit, the Governor’s revised budget takes an important first step toward reducing economic hardship and expanding opportunity. A state EITC that builds on the federal credit will help working Californians to afford groceries, rent, and other day-to-day necessities while moving toward financial security. So, it’s significant that this is part of the revised spending plan.

“As the Governor and legislators work toward a final budget, they could go even further in investing in economic opportunity and well-being, especially with so many Californians still left behind by the current recovery. Policymakers have options for building back key public services and supports that bore the brunt of years of spending cuts. This would mean reinvesting in CalWORKs as well as in subsidized preschool and child care, which help families make ends meet while finding and keeping jobs. State policymakers should also seek to boost assistance for low-income seniors and people with disabilities.

“The right budget choices this year could be part of a longer-term effort to invest in prosperity and general well-being for all Californians.”

The Budget Center will release additional commentary and analysis in the coming days and weeks. You can keep up with all the latest on our website, calbudgetcenter.org.

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The California Budget & Policy Center engages in independent fiscal and policy analysis and public education with the goal of improving public policies affecting the economic and social well-being of low- and middle-income Californians. Support for the Budget Center comes from foundation grants, subscriptions, and individual contributions.