In the latest issue of Prosperity Watch, Alexandra Sirota takes a look at food insecurity in North Carolina, and finds that far too many of our state’s residents don’t have enough food to eat. As a result, recent decisions by state government to temporarily halt critical food assistance programs due to the federal government shutdown placed thousands of families at risk of hunger–especially those living in rural North Carolina. See the latest Prosperity Watch for details.
The federal government shutdown has not had an immediate impact on the 55 agencies that run federally-funded Head Start programs in North Carolina — yet, said Head Start State Collaboration Office’s Director Khari Garvin.
“But that’s because of their funding cycles,” Garvin explained.
Head Start programs across the country are being forced to close down thanks to the federal government shutdown that began yesterday. In Talladega, Alabama, a Head Start agency had to close programs across six counties that serve 770 students, many of whom have nowhere else to go for daytime care while their parents work.
Those programs are among the first to close because their funding cycles run October 1-September 30.
In North Carolina, no programs are on that funding cycle. “If the shutdown continues, say, another 90 days, then programs will begin to be affected,” Garvin told NC Policy Watch.
Dora Jones, director of Cheaha Regional Head Start agency in Talladega, had a message for lawmakers in her interview with NPR.
“Please think of the poor innocent children that’s being affected because two groups refuse to come together as adults and make a compromise.”
The Stop Tax Haven Abuse Act (S. 1533) would raise about $220 billion over the next decade by closing tax loopholes that encourage U.S. corporations to move jobs, profits and operations offshore and allow them to not pay their fair share of taxes. As my colleague has noted, these costly tax breaks are undermining our ability to invest in the foundations of economic opportunity – an educated workforce, research and development, and healthy families. Across the board cuts, known as sequestration, are taking their toll in North Carolina and closing corporate tax loopholes is the best way to replace a second round of cuts.
Here is just one example of a company that would no longer be able to benefit from tax loopholes if the Stop Tax Haven Abuse Act is passed. Read More…
Blog contribution provided by Tazra Mitchell, Public Policy Analyst with the NC Budget and Tax Center
The federal budget process would become a bit more stable and predictable if the recently introduced Stop Tax Haven Abuse Act is enacted. This bill, which has been introduced by Senator Carl Levin, would raise at least $200 billion over the next 10 years by closing corporate tax loopholes that allows multinationals to shield their offshore profits from taxation. The bill’s passage would deliver a more balanced approach to addressing the federal deficit and help prevent a second round of across-the-board cuts that will only further harm the nation’s most vulnerable citizens at a time when hardship remains high. Read More…
Just in from the Budget and Tax Center Center…
RALEIGH (March 27, 2013) — Critical federal funding for North Carolina’s schools, health care, clean water, law enforcement, and other key services would be slashed under the federal budget proposed by House Budget Committee Chairman Paul Ryan and passed by the U.S. House of Representatives last week, according to a new report released today by the non-partisan organization Center on Budget and Policy Priorities.
“Chairman Ryan’s budget would place the burden of deficit reduction squarely on the backs of North Carolina’s low-income and middle class families while providing a windfall in tax cuts to corporations and the wealthiest individuals,” said Allan Freyer of the Budget & Tax Center, a project of the North Carolina Justice Center. “Another round of deep funding cuts to our schools, public safety, and health would harm our families, communities and economy.”
Congressman Ryan’s budget would cut the part of the federal budget that supports Read More…