Make no mistake, a cat would stuff you in the box if they could.
Day: September 1, 2011
Oy
What a day.
Michigan Gov. Snyder Cuts Aid For Low-Income Families After Slashing Taxes On Corporations
From Think Progress:
Gov. Rick Snyder is expected to sign a bill into law capping how long state residents can receive welfare assistance.
The new 48-month limit is expected to result in more than 11,000 people losing benefits at the start of the fiscal year, Oct. 1. The new limit — bringing the cap down from the federal 60-month limit — is projected to save $60 million.
As the Center for Budget and Policy Priorities’ Liz Schott points out, the $60 million in cuts come after Snyder signed into law a $1.7 billion tax cut for corporations. That’s about $30 in corporate tax cuts for every dollar saved in welfare benefit cuts.