Investing in Early Childhood Development to Reduce Debt and Strengthen the Economy
At a time when Washington seeks solutions to the fiscal cliff, investing in quality early childhood development is the way to accomplish both goals of reducing the debt in a balanced way and strengthening the economy in the short and long term.
Right now Congress has an opportunity to be smart about building a more prosperous future, said Kris Perry, executive director of the First Five Years Fund. “If lawmakers are wise, we can both save and invest dollars for better returns. Protecting and investing in the critical infrastructure that programs such as Head Start and Child Care provide can facilitate parents’ employment, save special education costs and improve educational outcomes, while building a more productive workforce and stronger economy.” Read the story
As Congress works to negotiate the “Grand Bargain,” the First Five Years Fund (FFYF) urges legislators to invest in quality early childhood development. More information about the return on investment in early childhood development can be found here.