Wednesday, March 10, 2010
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In the News

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First Look at Money Baked into Virginia Tax Code
WCVE-88.9 FMThe Commonwealth Institute for Fiscal Analysis has released its in depth look at tax expenditures in the Virginia state budget.

A non profit watchdog group is releasing a report this morning on tax expenditures in the Virginia budget that cost plenty (click here to listen)

WCVE-88.9 FM

Virginia Needs a More Balanced Budgeting Approach
The Richmond Times-Dispatch
Solving Virginia's budget crisis in ways that ensure future economic growth is not for the faint of heart. It involves difficult choices that might not, at first, seem politically popular.

Democratic candidates vow to create jobs. Details are slim.
The Virginian-Pilot
... fiscal benefits tied to increased education spending, said Michael Cassidy, executive director of the Commonwealth Institute for Fiscal Analysis. ...

Stimulus package being felt in Va.
Richmond Times Dispatch
"The aid to the state was to forestall cuts that would have worsened the recession," said Michael Cassidy, executive director of the Commonwealth Institute, ...

 

Stimulus is making an impact in Virginia. (listen to audio)
WCVE-88.9 FM
Nearly 40% of the stimulus will put money directly into the hands of Virginia families, according to a new report by the Commonwealth Institute for Fiscal Analysis.


Paying our overdue obligation to the poor
The Virginian-Pilot
The second report, from the nonprofit Commonwealth Institute for Fiscal Analysis, outlines specific recommendations for addressing Virginia's meager aid ...

Virginia "stuck in mud' on poverty (listen to audio - 3 min.)
WCVE 88.9 FM/Centra; Va. Public Broadcasting
Governor Tim Kaine will host a Poverty Summit in Richmond today. The Commonwealth Institute for Fiscal Analysis says Virginia is “stuck in the mud” when it comes to tackling poverty. The Institute points to what it calls “troubling trends” in the Commonwealth’s effort to deal with poverty ...

 New Efforts to Reduce Poverty in Virginia
WHSV.com
New efforts are underway in Virginia to reduce poverty. Gov. Tim Kaine announced Thursday the creation of a poverty reduction task force. The announcement came at a summit on poverty and economic opportunity in Richmond. The governor's office says nearly 10 percent of all Virginians live below the federal poverty line. The non-profit Commonwealth Institute released a report this week on what they call Virginia's lagging effort in the fight against poverty. ...

Va Poverty Reduction Taskforce Created
WHSV.com
Gov. Timothy M. Kaine announced Thursday the creation of Virginia’s Poverty Reduction Taskforce, a collection of public and private-sector partners who will make policy recommendations to combat poverty in the Commonwealth. The taskforce, co-chaired by Secretary of Health and Human Resources Marilyn B. Tavenner and Richmond attorney Robert Grey, will present its recommendations in the spring of 2010. ... Thursday’s summit brings private and public partners together in the effort to combat poverty in the Commonwealth. Speakers included Dr. Ron Haskins, senior fellow with the Brookings Institution, who discussed national poverty trends, and Michael Cassidy, executive director of The Commonwealth Institute for Fiscal Analysis, who provided a snapshot of the situation in Virginia.

Kaine to Create Poverty Reduction Taskforce
WSET.com/ABC 13 (Danville)
New help is on the way for struggling Virginians. On Thursday, Governor Kaine announced the creation of the Poverty Reduction Taskforce, which is a group assigned to alleviating the growing poverty in the state. Danville is looking forward to the help. ... The Commonwealth Institute says that 122,000 to 218,000 more Virginians will be living in poverty by year's end. More people, who will count on help from places like this for those simple things, that keep so many going.

Gov. Kaine forms Virginia poverty reduction task force
The Virginian-Pilot
After focusing on education, transportation and the environment in his first three years, Gov. Timothy M. Kaine is also turning his attention to poverty in the remaining months of his administration. ... Michael Cassidy, executive director of the nonprofit Commonwealth Institute, said that amid a worsening economy, Virginia "is stuck in the mud when it comes to tackling poverty in our state."

Study: Virginia needs to do more for the poor
Media General News Service
Madison Messenger/godanriver.com

Even during the good times, Virginia isn’t doing enough to meet the needs of its poorest residents. That’s the message from the Commonwealth Institute for Fiscal Analysis, which released a report yesterday suggesting that more needs to be done to help those who live in poverty.

 Study: Va. not ready for spike in poverty
Washington Examiner
Virginia is “stuck in the mud” when it comes to tackling poverty and is ill-prepared to handle a recent spike in unemployment, according to a report ...

Report says Virginia not doing enough for poor
Richmond Times Dispatch
By Holly Prestidge Even during the good times, Virginia isn't doing enough to meet the needs of its poorest residents. That's the message from the ...

 Danville's Poverty Rate 3rd Highest in State
WBTM-1330 AM
(RICHMOND) --The city of Danville's poverty rate is 24 percent according to a new study out this morning from The Commonwealth Institute. Study coordinator Sara Okos says nearly half of those are listed in "deep poverty." That means their income is less than half of the federal poverty line. Okos says Danville's rate is the third-highest in Virginia. Institute Executive Director Michael Cassidy says Southside and Southwest Virginia had some of the state's highest poverty rates, along with a few urban areas. They're urging state lawmakers to change their minds and accept $125 million in federal stimulus money to expand jobless benefits in Virginia.

 Virginians pay more as health insurance coverage falls (listen)
WCVE 88.9
A study by the Robert Wood Johnson foundation found that while the average family income in Virginia increased less than 20% from 1994 to 2007, health insurance premiums jumped nearly 100%. The nonprofit Commonwealth Institute for Fiscal Analysis says the report paints a troubling picture, especially for low income Virginians.

 

Gov: Expand Unemployment Benefits to Include Part-Timers
Public News Service
Michael Cassidy, executive director of The Commonwealth Institute, says that view is shortsighted. "If you don't have unemployment insurance, ...


Virginia Should Reform Its Unemployment Insurance System
Richmond Times-Dispatch
MICHAEL CASSIDY TIMES-DISPATCH GUEST COLUMNIST
Published: March 30, 2009
Virginia has a great opportunity to help unemployed workers and their families, and boost the state's economy -- and Virginia would get paid millions of dollars to do it. That's an offer the state's poli cymakers shouldn't leave on the table.

 
State may eliminate sales tax discount
Pittsburgh Post Gazette
The state's Commonwealth Institute says the discount is outdated because costs of collecting and remitting sales tax are negligible in the age of ...
 
Report: Slumping economy could increase Va. poverty - wtop.com
If that happens, the Commonwealth Institute says the number of Virginians living in poverty is going up between 159000 and 218000. If unemployment hits 8 percent, the poverty figure will rise between 122000 and 169000. ...
WTOP / Virginia News / Virginia Stories - http://www.wtop.com/
 
Health Insurance Premiums in Virginia Up 82 Percent
Public News Service
Richmond - The price of health insurance for Virginians has been heading sky-high, exposing what advocates for high-quality, affordable health care call the current crisis in that area. … Reverend C. Douglas Smith, executive director of the Virginia Interfaith Center for Public Policy, says that the current federal stimulus package will only help in the short term. …
(Listen to audio)
 
 
Fiat Lux: Ash Wednesday and those who live in the ashes
2 hours ago by The Rev. James Richardson  
Forecasting for the first time the impact of the current recession’s rising unemployment on the number of Virginians forced into poverty, a new report by The Commonwealth Institute and Voices for Virginia’s Children estimates that an ...
Fiat Lux - http://spmcrector.blogspot.com/
 
hburgnews.com » H’burg “among the highest poverty rates” in Virginia
23 Feb 2009 by Brent Finnegan  
According to Michael Cassidy, Executive Director for The Commonwealth Institute, Harrisonburg’s unemployment rate rose from 2.9 to 4.1 percent in 2008. However, the percentage of local residents living in poverty is 26.7 percent: among ...
hburgnews.com - http://hburgnews.com/ - References
More Virginia chilidren live in poverty (audio)
Virginia Public Radio
Nearly 700 thousand Virginians are currently living in poverty.  Two organizations are issuing a warning the problem is increasing and can be harmful to the children of the Commonwealth.  While official numbers aren't out yet, they're pointing to some troublng indicators.  WVTF's Connie Stevens reports.
(Listen to Audio)
 
Poverty in Virginia — New report underscores financial woes
Bluefield Daily Telegraph, WV
An alarming new report from the Commonwealth Institute is warning that Virginia’s poverty level could increase by as much as 218000 people if national ...
 
Helping your neighbor in times like these
Staunton News Leader, VA
The results of the study are not surprising, but they are sobering. The faltering economy will increase the number of poor Virginians by as much as 218000 ...
 
Report Indicates Virginia Poverty Level Could Increase
NBC 29 News, VA
A report by the Commonwealth Institute says Virginia's poverty level could increase by as much as 218000 in the coming year. Seven-hundred-thousand people ...
 
Recession Hitting VA Poverty Numbers
WMDT, MD
By TERRENCE LEE -- WMDT 2/23/2009 The recession is projected to worsen this year The unemployment rate nationwide is at the highest level in more than 16 …
 
Poverty Rates on the Rise
WHSV, VA
Poverty in Virginia is on the rise again because more and more people are out of work. Among the hardest hit are Virginia's children as more adults around ...
 
RECESSION POVERTY Report: Slumping economy could increase Va poverty
WMDT, MD
A report by the Commonwealth Institute says Virginia's poverty level could increase by as much as 218000 people if national unemployment reaches 9 percent. ...
Report: Slumping economy could increase Va poverty
Daily Press, VA
A report by the Commonwealth Institute says Virginia's poverty level could increase by as much as 218000 people if national unemployment reaches 9 percent. ...
 
Mother Talkers :: Meet the New Face of Homelessness: Two-Parent ...
A study to be released tomorrow by the Richmond-based research groups Commonwealth Institute and Voices for Virginia's Children concludes that if the national unemployment rate reaches 9 percent by the fall, as many as 218000 Virginians ...
 
Public News Service
A study linking current unemployment with future poverty finds a dramatic increase in poverty rates as the recession deepens in Virginia. As unemployment worsens in the state, there will be a significant increase in the number of children living in poverty, according to the study, conducted by The Commonwealth Institute and Voices for Virginia's Children. ...
(Listen to audio)
 
Poverty Predicted to Grow in Virginia (Listen to audio)
WCVE 88.9 FM

A new forecast by Voices for Virginia's Children and The Commonwealth Institute says the number of people living in pov in the state could increas eby more than 200,000 by the end of the year ...(Listen to audio)
 
Poverty in Virginia « VIVIAN J. PAIGE | All Politics is Local
The Commonwealth Institute and Voices for Virginia’s Children issued a report today (pdf) in which they warn that our worsening economic conditions will result in thousands more Virginians living in poverty. From the press release: ...
 
Study warns of rapid rise in poverty rate
Richmond Times Dispatch, VA - 13 hours ago
By Katherine Calos If national unemployment rates reach 9 percent, 159000 to 218000 more Virginians will be pushed into poverty, according to a study ...
 
Recession will be hardest for children
News Virginian, VA - 7 hours ago
By Jimmy LaRoue Children will be hardest hit by the current economic recession and rising unemployment rates, according to a new study released Tuesday by ...
 
Homelessness: The Family Portrait
Washington Post, United States
A study to be released tomorrow by the Richmond-based research groups Commonwealth Institute and Voices for Virginia's Children concludes that if the ...
 

 

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News Releases

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The Recovery Act Comes to Virginia:

$9 Billion in Federal Funds Will Boost Virginia’s Economy

New report and Web page rack up how much Virginia may receive from stimulus.

Virginia stands to receive over $9 billion in federal aid through the recently enacted federal Recovery Act with nearly half of the money coming in the form of tax cuts for low- and middle-income Virginians, according to a new report from The Commonwealth Institute for Fiscal Analysis. The report is the first comprehensive summary of Virginia’s share of the federal economic recovery package.

>>Read the full release here (pdf).

 

Commonwealth Institute Receives Rapoport Grant

Funding will support health care reform efforts

The Commonwealth Institute for Fiscal Analysis has received a $25,000 grant from the Bernard Audre Rapoport Foundation to support The Institute’s research, analysis and public education on state health care policy. “We are very pleased to have been awarded the confidence of the Rapoport Foundation and to partner with them to bring about reform to our health care system for all Virginians,” says Institute Executive Director Michael Cassidy. “Since our founding three years ago, The Commonwealth Institute has brought credible, accessible and timely research and analysis to support the work of the advocacy community, filling a void in the state’s system of advocacy.”

>>Read the Full Release

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