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The search continues for Nancy Guthrie, the 84-year-old mother of TODAY co-anchor Savannah Guthrie, as investigators examine the legitimacy of reported ransom notes and offer a reward for information leading to her recovery. The Milan-Cortina Winter Olympics are underway in Italy, with opening ceremonies and early competition drawing attention to U.S. contenders in figure skating and hockey.

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The White House refuses to say if ICE will be at polling places in November. A bill to ease display of the Ten Commandments in schools stalls in Indiana and union leaders call for the restoration of federal worker employment protections.

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Silver mining made Northern Idaho wealthy, but left its mark on people's health, a similar issue affects folks along New York's Hudson River and critics claim rural renewable energy eats up farmland, while advocates believe they can co-exist.

Report: State Budget Cuts - Not the Only Option During Recession

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Thursday, April 1, 2010   

MIAMI, Fla. - Balancing the state budget in Florida has been a challenge. To do it, Florida, like most other states, has focused on cutting spending. However, according to a new report, alternatives to those cuts would be a better choice to get states started down the long road to economic recovery.

Daniella Levine, president and CEO of the Human Services Coalition, Miami, says legislators need to put politics aside because cutting state spending hurts economic recovery. Instead, she suggests they focus on fine-tuning the tax code so it reflects a progressive structure - meaning those who make the least pay the smallest share and those who make the most pay a larger share to fund critical services.

"We are looking at cutting some of the most basic services - health care and education and senior programs - and what is so worrisome is we are still continuing to reduce taxes for those who are able to pay."

While many would argue against raising taxes in tough economic times, Karen Kraut, director of the Tax Fairness Organizing Collaborative, Boston, says the discussion is more complex than that, and legislators need to focus on getting rid of unsound and unfair taxes, too.

"We're also looking at things like closing corporate loopholes and ending tax breaks for businesses that don't produce the jobs that they say they're going to produce."

Levine says the Florida legislature also has the option of ending certain tax breaks, such as exemptions for skyboxes, sports teams and large corporations. The report, issued by the United for a Fair Economy Tax Fairness Organizing Collaborative, also suggests tapping into rainy day funds, scrutinizing existing tax breaks and encouraging more federal revenue sharing.

The report's bottom line is that states do have tools available, other than cutting spending, to balance budgets. It is available online at www.faireconomy.org.






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