You probably haven’t heard of the TANF Emergency Fund, a program tucked into the massive $787 billion Feb. 2009 stimulus, but the administration considered it so successful that it requested its extension into next year, with an estimated cost of $2.5 billion.
As the GAO noted yesterday, 34 states have exhausted all funding for their unemployment insurance programs, forcing them to borrow roughly $40 billion to keep jobless workers in benefits. By 2013, the Department of Labor estimates, that trend will affect 40 states, requiring federal loans totaling $90 billion. More…
It’s tax day, meaning there will be no end to the rhetorical grandstanding from conservative lawmakers about how the Democrats’ “tax-and-spend” policies are stifling the economy and preventing average folks from achieving the American Dream.
Conveniently, they will ignore these new numbers from the Tax Policy Center, a More…
The Center on Budget and Policy Priorities, a liberal policy analysis group, just issued its take on the recent GOP suggestion that states should be given loans, not grants, as part of the Democrats’ soon-to-be-unveiled stimulus package. A point we missed earlier: Because 49 states have some form of More…
No one’s been following the budget crunch facing states more closely than the Center on Budget and Policy Priorities, and today they’ve released more bad news: In the middle of the economic downturn, 43 states are facing funding shortfalls in 2009 and/or 2010.
Because most states are legally More…
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