Chris Hoene on the Governor’s Proposed Budget: “A Missed Opportunity”

FOR IMMEDIATE RELEASE

SACRAMENTO – The California Budget & Policy Center, a nonpartisan public policy research group, issued the following statement from Executive Director Chris Hoene in response to this morning’s release of Governor Jerry Brown’s proposed 2016-17 budget:

“The Governor’s proposed budget represents a missed opportunity to use the state’s strong revenues to boost key public investments that help individuals and families advance, such as child care and preschool, welfare-to-work services, affordable housing, and higher education.

“While it’s important to have a strong budget reserve, preparing our state for the ups and downs of the economy must also involve making necessary investments in greater opportunity and economic security right now. By being weighted so heavily toward building up reserves, this budget would continue to lock key public services and systems in at diminished, recession-era levels.

“There are things to like in the Governor’s proposed budget, such as continuing support for the new state Earned Income Tax Credit, revising the managed-care organization tax so as to preserve this critical source of revenue, and finally calling for a state cost-of-living adjustment in SSI/SSP grants for low-income seniors and people with disabilities. But as lawmakers work toward a final spending plan between now and June, they should aim for a budgeting approach that is less about fiscal scenarios and more about creating an economic future that benefits 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.

###

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 the Budget Center comes from foundation grants, subscriptions, and individual contributions.