Press Release Archive
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Press Release: Tax Subsidies to Attract Film and TV Productions Don’t Pay Off for States
November 17, 2010
In recent years, nearly every state has adopted generous tax subsidies for film and TV productions in an attempt to create local jobs and boost the state economy, but the cost of these subsidies is outweighing their benefits, according to a new report from the Center on Budget and Policy Priorities.… -
Press Release: Most Maryland Corporations Already Comply With Proposed Corporate Tax Reform in Other States
November 9, 2010
While proposals to adopt a key corporate tax reform in Maryland have drawn criticism from some multistate corporations, the vast majority of Maryland’s largest corporations already comply with the reform in at least one of the 23 other states that have it, according to a report released today … -
Press Release: Minnesota Subsidized Jobs Program Will Be Scaled Back if U.S. Senate Fails to Extend TANF Emergency Fund
Updated September 7, 2010
Clarification: We have updated this press release to reflect the fact that the subsidized jobs program originally placed five paid interns with Permac Industries. The press release originally stated that Permac Industries hired them as employees. Minnesota will have to scale back a subsidized transitional jobs program that it has expanded significantly during … -
Press Release: Connecticut Will Be Unable to Expand Successful Jobs Programs if U.S. Senate Fails to Extend TANF Emergency Fund
September 2, 2010
A greatly expanded Connecticut subsidized employment program, which has provided jobs for over 6,000 low-income parents and youth, will never reach its full potential unless Congress this fall extends the federal program that funded it, according to a new report from the Center on Budget and Policy Priorities. The employment program uses federal dollars provided … -
Press Release: Ohio Counties Will Be Unable to Expand Successful Jobs Programs if U.S. Senate Fails to Extend TANF Emergency Fund
September 2, 2010
A new Ohio subsidized employment program, which has provided jobs for 1,500 parents in 44 Ohio counties and 8,000 youth in 69 counties, will never reach its full potential unless Congress this fall extends the federal program that funded it, according to a new report from the Center on Budget and Policy Priorities. The employment program uses federal dollars … -
Press Release: ‘Hire Colorado’ Jobs Program to End if U.S. Senate Fails to Extend TANF Emergency Fund
September 2, 2010
Hire Colorado, a new subsidized employment program that has provided jobs for 1,600 parents in counties across the state, will shut its doors on September 30 if Congress fails this month to extend the federal program that funded it, according to a new report from the Center on Budget and Policy Priorities. Most of the job placements for Hire Colorado are with … -
Press Release: South Carolina Will Be Unable to Continue Successful Jobs Program if U.S. Senate Fails to Extend TANF Emergency Fund
September 2, 2010
A new South Carolina subsidized employment program (known as the STEP program), which has provided jobs for 650 parents, will stop placing South Carolinians in jobs on September 30 unless Congress this fall extends the federal program that funded it, according to a new report from the Center on Budget and Policy Priorities. The STEP program uses federal dollars … -
Press Release: 12,000 Pennsylvania Jobs to Disappear on September 30 if U.S. Senate Fails to Extend TANF Emergency Fund
September 2, 2010
As many as 12,000 workers in Pennsylvania could lose their jobs this month if the Senate fails to extend federal funding that allowed the state to create Way to Work, a highly successful program that subsidizes private- and public-sector jobs for unemployed parents and youth, according to a new report from the Center on Budget and Policy Priorities. Way to Work … -
Press Release: 26,000 Illinois Jobs to Disappear on September 30 if U.S. Senate Fails to Extend TANF Emergency Fund
September 2, 2010
As many as 26,000 workers in Illinois could lose their jobs this month if the Senate fails to extend federal funding that allowed the state to create Put Illinois to Work, a highly successful program that subsidizes private- and public-sector jobs for unemployed parents and youth, according to a new report from the Center on Budget and Policy Priorities. Put … -
Press Release: Claimed Benefits of Massachusetts-Style Property Tax Cap Overblown, New Study Shows
June 8, 2010
Suggestions that Massachusetts’ experience under a property tax cap shows New Jersey could impose a similar cap without harming education and other public services are misleading, according to a new analysis by the Center on Budget and Policy Priorities. A recent Manhattan Institute report … -
Press Release: State Income Taxes Push Many Working-Poor Families Deeper Into Poverty
April 29, 2010
Thirteen states taxed working-poor families deeper into poverty last year, according to a new report from the Center on Budget and Policy Priorities. In some of those states, poor families faced several hundred dollars in state income taxes — a significant amount for a family struggling to … -
Press Release: Governors’ 2011 Budgets Propose New Round of Cuts
January 28, 2010
As states begin preparing for the third year of a fiscal crisis brought on by the recession, governors’ new budget proposals contain cuts to core services — like education and health care — and state workforces well beyond those they have already made, according to a new report from the Center on Budget and Policy Priorities. The proposals … -
Press Release: Most Large New Mexico Corporations Already Comply With Proposed Corporate Tax Reform in Other States
January 26, 2010
While proposals to adopt a key corporate tax reform in New Mexico have drawn criticism from some multistate corporations, almost all of the major corporations doing business in New Mexico already comply with the reform in at least one of the 23 other states that have it, according to a report released today by the Washington, DC-based Center on Budget and Policy … -
Press Release: Setting The Right Fiscal Target: Policymakers Should Stabilize Debt As Share Of Economy Over Next Decade
January 12, 2010
Deficits and debt will rise to unprecedented levels in coming decades without major changes in federal budget policies, so policymakers should set a goal of stabilizing the debt as a share of gross domestic product (GDP) over the next decade, the Center on Budget and Policy Priorities reported today. In its analysis, “The Right Target: Stabilize the Federal …
