Republicans Target The Next Generation Fund for cost saving. Steve Berry says it is a move that is guaranteed to destabilize communities.
The Vermont Community Loan Fund website speaks about the opportunity for private investors to dedicate their VCLF investment toward quality early education and care. (www.investinvermont.org/next-generation-fund)
“The Next Generation Fund is expanding the capital and technical assistance resources that VCLF makes available to support quality child care programs throughout Vermont. It’s an opportunity for philanthropists (and every VCLF investor is a philanthropist!) foundations and other institutions to dedicate their VCLF investment and giving directly to creating positive impacts that benefit this critical industry.
“When our children receive quality early care, they reach school age better prepared to learn by any number of standards: social and emotional development, communications, cognitive development and general knowledge, physical health and well-being – all of these measures improve significantly with quality early care. When our children benefit from early care and education, their future is brightest: they’re more likely to complete their formal education and join a productive workforce. They’re less likely to engage in violence or crime. VCLF believes that quality early care is essential to the well-being of the next generation of Vermont’s students, workers and citizens.
"Of course, children aren’t the only beneficiaries of quality early care. When a family has access to quality child care, parents can go to work knowing their children are safe and learning. A thriving, engaged workforce drives a strong and growing economy, fostering health, financial stability and well-being for families and communities here in Vermont, and beyond. Our state’s economy is further supported by a thriving child care industry that provides both quality care and quality jobs.”
Steve Berry supports the Next Generation Fund. The Republicans in 2016 are on record for quietly targeting the Next Generation Fund’s elimination for the next fiscal year. This, they say, will result in a saving of $2,930,000 to the state. Sadly, it will have a catastrophic impact on parents and children and on the communities where they live. The cost of eliminating the NGF will be immensely greater than the cost of providing quality early care. Brian Keefe will support the elimination of the NGF.
If you are a Republican, for the good of the state, please don’t vote the party line.
Legislative Notebook: Fees vs. Taxes