UJA To Suffer Under Second Bush Term?
The Jewish Week reports,
As the political landscape continues to shift under a re-elected and re-energized Bush administration, local Jewish agencies are bracing for what could be a sea change in government assistance to human services in an age of tax cuts and a surging federal deficit.
Federal funds and aid to states that allow local grants amount to about 50 percent of the billion dollars on which UJA-Federation depends to run its vast network of beneficiary agencies.
That means even if the government maintained spending at current levels, but declined to adjust for annual increases in operating costs of about 3 percent, the agencies would lose some $15 million per year. If a 2 percent cut were added, the loss would be $25 million annually.