SACRAMENTO – The California Budget & Policy Center, a nonpartisan public policy research group, has released the following statement from Executive Director Chris Hoene in response to the budget agreement announced this morning by legislative leaders and Governor Jerry Brown. This budget agreement for the 2017-18 state fiscal year, which begins on July 1, calls for expanding the California Earned Income Tax Credit (CalEITC), a refundable state credit for workers with low earnings that is modeled on the federal credit of the same name:
“The expansion of the CalEITC represents an important victory for working Californians. We congratulate legislative leaders and the Governor on reaching a budget deal that will allow well over 1 million additional families across the state to benefit from this critical support for workers with low earnings. By expanding the CalEITC to include eligible self-employed workers, while also lifting the income limit for eligibility, state policymakers will help more hard-working Californians to afford the basics and advance economically.”
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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
