Earlier this week, WCCF released its analysis of the impact of the Joint Finance Committee’s budget on children and families. The WCCF analysis is updated with each step of the budget process.

Although the Joint Finance budget does include more than $300 million in additional revenue compared to the Governor’s bill, that figure is dwarfed by a further decline of $1.6 billion in projected state tax collections. To help close the larger deficit, the Joint Finance budget cuts almost $944 million more over the next biennium than the Governor proposed. These cuts include almost $341 million from school aids and $251 million more from state agencies, which increases the cuts for most agencies to 3.5%. The 3.5% cuts to agencies are on top of the $222 million cut from the budget by furloughing state workers and rolling back pay increases.

For a rundown of highlights and lowlights in the JFC budget, see the analysis on our website and our press release about it (from which much of the text you just read is lifted).