This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Professional Association For Childhood Education (PACE) Views Governor Brown's Budget With "Cautious Optimism"





Continued Pressure Needed to Ensure Adequate Funding



SAN FRANCISCO, Jan. 20, 2013 /PRNewswire-USNewswire/ -- The cuts to child care since 2008 has resulted in over 110,000 children losing child care and early learning opportunities. Our fellow Californians understand that the foundation for future successful learning begins very early in a child's life with good care and education. So should our legislators.

Funding for California's education presented by Governor Brown on January 10, 2013, will help stabilize education services throughout the state.

The Professional Association for Childhood Education (PACE), an early education advocacy  group, is looking forward to more assurances of the Governor's commitment to education in the weeks and months ahead as the legislature debates his proposed 2013-14 budget and in his upcoming State of the Union Address. As the details of the proposed state budget are de-mystified, PACE remains cautiously optimistic regarding restored funding.

Sixty-four percent of California's children have working parents, but just 25% have access to licensed child care. A majority of early care and education is supplied by licensed, quality private providers. Every legislator must be made aware that restoring early child care and education funding should be part of the discussion.

" California has long upheld the premise that children deserve to start life with a strong educational foothold in order to learn and thrive," notes Gina Ayllon, PACE's executive director. "Last week, the Governor proposed a level of funding for California education that gives more control to local communities and strengthens educational services for low-income residents. This commitment reflects the will of the people (as evidenced by the passage of Proposition 30 in November). It will supplement the K-12 system and provide the state's youngest and neediest children with vital safety nets that can make the difference between future success and failure."

"A concentrated and appropriately-funded focus on early education is imperative for our state's and the country's future. For every dollar spent on early childhood development, we avoid seven dollars spent later on welfare, unemployment and/or imprisonment, according to the Child Development Policy Institute," adds Ayllon.

As Martine Singer, president and chief executive officer of Para Los Ninos in Los Angeles, explains, "Nowhere would the classic mistake of being penny-wise and pound-foolish be more obvious than if Californians failed to adequately fund early child care and education. It's crucial that California leaders restore and expand the education budget, so we can recover from the drastic cuts of recent years. The small investment in education that we make as early as possible in a child's life pays off in a big way for generations to come."

Governor Brown's proposed 2013-14 budget is currently being reviewed by the state legislature. A revised plan is due to be released in May, with a final version expected before the start of the new fiscal year in July.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,959.44 +154.64 0.87%
S&P 500 2,078.54 +7.89 0.38%
NASDAQ 4,781.4240 +16.0440 0.34%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs