If there was ever any doubt that the American Recovery and Reinvestment Act (ARRA) had a positive impact on the economy and those facing grave economic insecurity, a new report indicates that those doubts can now officially be put to rest.
Recent analysis of data from the US Census Bureau shows that thanks to the temporary expansion of our social safety net under ARRA, more than 4.5 million people were kept out of poverty in 2009 -- making ARRA, "one of the single most effective pieces of antipoverty legislation in decades," according to the Center on Budget and Policy Priorities.
For those who struggled most profoundly through this economic crisis -- including women and people of color, who were disproportionately affected by the tanking economy -- we now know these funds irrefutably made a difference, putting more money in the pockets of everyday Americans to keep them above the poverty line and providing vital connections to much needed social services and work supports (think child care, early education, health care and the like). But despite the major wins that ARRA achieved, its effects may end up being short-lived -- thanks to the "natural" expiry of ARRA funds and Conservative efforts to block spending on these important services going forward.
Showing posts with label economic stimulus. Show all posts
Showing posts with label economic stimulus. Show all posts
11 January 2011
30 November 2010
Act Now: Call on Congress to Preserve Child Care for Hundreds of Thousands
Back to work after Thanksgiving, Congress is about to make a number of crucial votes that will affect the economic security and well-being of women and families: chief among them the renewal of the Child Care and Development Block Grant (CCDBG) and Head Start. CCDBG provides federal funding for state-administered child care subsidies and initiatives that improve the quality and accessibility of child care for low-income families, while Head Start provides early education opportunities to pre-schoolers.
Congress has until Friday, December 3 to re-approve these programs. But renewing at current funding levels is simply not enough. Economic stimulus funds that bolstered support for child care and Head Start are about to run out. If Congress doesn’t carry over this additional funding, over 300,000 children would be affected, dealing a devastating blow to families already struggling to survive the ongoing economic crisis.
Congress has until Friday, December 3 to re-approve these programs. But renewing at current funding levels is simply not enough. Economic stimulus funds that bolstered support for child care and Head Start are about to run out. If Congress doesn’t carry over this additional funding, over 300,000 children would be affected, dealing a devastating blow to families already struggling to survive the ongoing economic crisis.
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