- Provide jobs and income support as well as other services to reduce the short-term distress over the next 3-5 years.
- Prepare policy responses that might lessen the next economic downturn.
- Make sensible long-term investments in reducing poverty by extending certain provisions of ARRA and creating additional measures (such as investing in education and post-secondary credential programs aimed at low-income youth).
While the brief discusses the antipoverty policy goals for the federal government, several of their suggestions are also relevant to state governments. With state budget cuts likely to be even deeper in 2011 than they were this year, it is critical that policy and program level strategies support the families most in need now as well as ensure greater economic security for all families in the future.
For more information on place-based strategies to reduce poverty and economic distress after ARRA. (For other results-based financing posts visit our financing community change blog).
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