WASHINGTON, July 16 (UPI) -- The Every Child Matters Education Fund released a study Wednesday entitled, indicating federal tax cuts would harm American children.
The study, entitled"Will Federal Tax Cuts Harm America's Children?, concludes that in addition to trillions of dollars in lost tax revenues, the Fiscal Year 2004 Budget Resolution adopted by Congress also cuts domestic discretionary spending by $167.7 billion over 10 years.
The group said the combined effect of budget and tax cuts, plus debt service on budget deficits that follow, will shrink real federal funding for Head Start, after-school programs, child health care, child abuse treatment, and numerous other programs.
Democratic U.S. Rep. Tom Allen of Maine said "The Every Child Matters Education Fund's report confirms what many of us have warned: massive tax cuts will undermine health and social services for children, by draining federal and state revenues."
