A new report today from the Justice Center touts congressional extension of the TANF emergency fund for another full year.
Here’s the summary:
“THE TANF EMERGENCY FUND provided North Carolina with critical funding to child care subsidies ($23.6 million), More at Four ($30.5 million), Work First family assistance ($9.7 million) and to the subsidized jobs program ($11.4 million). Taken together, these programs served to support working families and provide job opportunities for low-income adults.
STUDIES SHOW that wage subsidy programs can create jobs and connect workers to employment opportunities, creating wealth and spurring business.
WITHOUT THE TANF EMERGENCY FUND EXTENSION, the subsidized jobs program in North Carolina will end on September 30, 2010. All county programs received noticed in July to end spending on the program in preparation for the end of the federal program and already 5 programs have had to shut down.
ENDING THESE SUBSIDIZED JOB PROGRAMS will cost jobs, remove much needed income from local economies, adversely affect local businesses, and make it impossible for many low-income parents to cover basic expenses. This is the opposite of what the nation needs at a time when the economic recovery remains precarious.
CONGRESS MUST ACT QUICKLY to extend the TANF Emergency Fund for another full year to ensure that those already employed can stay in their positions and those still unemployed can participate.”