Colorado s powerhouse for the poor
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Colorado’s powerhouse for the poor. COLORADO CENTER on LAW & POLICY Advancing the health, economic security and wellbeing of low-income Coloradans. Low-wage jobs replace middle-wage jobs across the country. A lost decade for low-wage earners. 2007 Recession.

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Colorado’s powerhouse for the poor

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Colorado s powerhouse for the poor

Colorado’s powerhouse for the poor

COLORADO CENTER onLAW & POLICY

Advancing the health, economic security and wellbeing of low-income Coloradans


Low wage jobs replace middle wage jobs across the country

Low-wage jobs replace middle-wage jobs across the country


A lost decade for low wage earners

A lost decade for low-wage earners

2007 Recession


More and more coloradans live in poverty

More and more Coloradans live in poverty

  • 125,000 more Coloradans lived in poverty in 2012.

  • 32,000 more children lived in poverty in 2012.

  • Colorado is a “well-educated” state. 7 out of 10 Coloradans have completed at least some college.

  • Poverty is much higher among the less educated.


Single parents face uphill battle

Single parents face uphill battle

  • 4 out of every 10 single moms lives in poverty.

  • Families with children under five have a higher incidence of poverty than families with children ages 6-17.

  • 5thmost expensive state for center based child care for non-school aged children.

  • Only one in four potentially eligible children receive subsidized care through CCCAP.


Single moms pay a larger share of their income for child care

Single moms pay a larger share of their income for child care

  • Roughly one out of every three dollars a single mother earns may go to paying for child care.

  • Median household income for single mothers was $28,000 while married couple households brought home $84,000.

  • Average cost of center based care for a four-year old in Colorado was $9,619.


Current state of colorado policies to help the poor

Current state of Colorado policies to help the poor

  • Earned Income Tax Credit

    • In 2011, 345,000 Colorado tax filers claimed the Federal EITC. State credit is not available.

  • Child and Dependent Care Tax Credit

    • 93,000 Colorado filers claimed the child care and dependent tax credit.

    • Roughly 55,000 low-income, working parents could not claim the existing credit.

  • Colorado Child Care Assistance Program

    • CCCAP provided subsidized child care to about 32,000 children in 2012 or about 25 percent of eligible population.

    • In 2005, CCCAP served 28 percent of the eligible population.

    • Funding for CCCAP has decreased 19 percent from pre-recession levels.

  • Adult Basic Education

    • Colorado is the only state that provides zero state funding for Adult Basic Education.


Colorado can do more to ensure economic security for all coloradans

Colorado can do more to ensure economic security for all Coloradans

  • Implement the state level EITC. SB13-001.

  • Fix child care expenses tax credit to ensure the most needy can also claim the credit. HB14-1072.

  • Increase funding and improve access to subsidized child care. Not yet introduced.

  • Fund adult basic education and skills training in Colorado. HB14-1085.


Colorado s powerhouse for the poor

COLORADO CENTER

on LAW & POLICY

Colorado Center on Law & Policy

789 Sherman St., Suite 300

Denver, CO 80203

www.cclponline.org

Thank you

Claire Levy

Executive Director

303-573-5669 ext. 301

[email protected]


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