The budget and the recession

The California Budget Project has produced a report called Budget Cuts or Tax Increases: Which Are Preferable during an Economic Downturn? (www.cbp.org/pdfs/2008/0807_pp_cutsortaxes.pdf).

According to CBP Executive Director Jean Ross, “If you look at the overwhelming body of economic research, it tells you that cutting spending is absolutely the worst thing you can do in a down economy. Why? Because public dollars that go out through state budgets, county budgets, school district budgets...immediately recycle through local economies.”

Read more news like this in the Jan-Feb Children's Advocate's Roundtable report, http://www.4children.org/issues/2009/
january_february/childrens_advocate_roundtable/ (for Spanish or Chinese, click on the link at the top of the page)