Melissa Young, Associate Director, National Transitional Jobs Network
On Wednesday, April 10 President Obama released his FFY2014 budget proposal. As a whole, it reflects a strong commitment to battling back America’s stubbornly high unemployment, building pathways to work for many of our nation’s chronically unemployed individuals, and creating jobs in our communities. However, the President’s budget also reflects some concessions that leave us at the National Transitional Jobs Network feeling uneasy about the future of the safety-net system and our nation’s commitment to upholding the values that #AmericaBelieves should drive fiscal policy decisions.
5 Wins for Jobs in the FFY14 President’s Budget:
1. Creating & Building Ladders of Opportunity. The President’s budget calls for the creation of a Pathways Back to Work Fund to create pathways to work for every American. The Fund includes:
- temporary subsidized employment opportunities for low-income adults;
- summer and year-round employment opportunities for low-income youth; and
- a competitive grants program to support employment and training strategies designed to improve outcomes for low-income and long-term unemployed adults and youth.
Congress may have averted the “fiscal cliff”, but now the “fiscal rift” in Washington over how to achieve further deficit reduction could mean far more harmful consequences for low-income individuals and those who are chronically unemployed.