For Immediate Release: March 20, 2009

Souring Economy Requires Investment in Programs That Help Families

(Washington, D.C.) Following is a statement by Alan Houseman, executive director of the Center for Law and Social Policy (CLASP), regarding the Congressional Budget Office's preliminary analysis of the President's budget proposal. 

"The budget projections that Congressional Budget Office released today show that the nation is facing an even tougher economic environment than anyone projected even a month ago.  At this critical moment, it is all the more important that the nation's policymakers assist struggling families to stay afloat and make sound investments in families and the nation's economic future. If we don't turn the economy around quickly and at the same time lay out a path for future growth, revenues will decline and the deficit will grow even bigger.

"Too many workers are losing their jobs, too many families are losing their homes and too many low-income people are struggling to meet basic needs such as food and child care. These realities reflect the fragility of our safety net and are the product of years of under investment in our nation's social outlays. Public policy can and should play a significant role in improving the lot of the nation's families. Last month, President Obama put forth an aggressive budget proposal that reverses years of under investment in worker training and other programs that help adults and children succeed and contribute to the long-term health of our nation's economy. It also proposes major investments in health care reform, education, and clean energy, and it reforms the tax system so that it works for low- and middle-income families and increases the nation's revenues for future investment. Congress should follow the administration's lead and pass a budget that makes long-term investments in children, youth and families, the backbone of our nation's economy."

To view CLASP's white paper on the budget, go to: http://www.clasp.org/publications/budgetresolution.pdf

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CLASP develops and advocates for policies at the federal, state and local levels that improve the lives of low-income people. We focus on policies that strengthen families and create pathways to education and work. Through careful research and analysis and effective advocacy, we develop and promote new ideas, mobilize others, and directly assist governments and advocates to put in place successful strategies that deliver results that matter to people across America.

 

 

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