April 24, 2003. A balanced budget alternative to the Governor’s school aid cuts. Based on an economic impact analysis prepared for FPI by the Institute on Taxation and Economic Policy, this report, released jointly by FPI and the Alliance for Quality Education, shows that the Governor’s school aid cuts are “job killers” in the short run and even worse for the state’s economy over time. The economic benefits of restoring the Governor’s school aid cuts far outweigh the effects of an income tax increase to fund those restorations. Press release and report.