Nick also sat down with us to discuss how state budget shortfalls and program cuts are affecting education reform and causing large-scale teacher layoffs. The Vermont legislature has voted to help balance its budget by freezing a planned increase in a corporate tax break, which Nick argued was a good move and one that other states should adopt. And Phil Oliff, state fiscal policy analyst, showed that fewer states are taxing the working poor, though budget problems could lead to backsliding in some states.
We also sat down with Jim Horney for the fifth Q & A in our series on health reform and the deficit. He explained how expanding coverage will lower health costs over time.
In other news at the Center, we released a statement by Chad Stone on the April employment report, a report on the large amounts that states are borrowing from the federal government to pay unemployment benefits, and a report explaining why Congress should extend the Recovery Act’s TANF Emergency Fund.