Leadership Council of Aging Organizations

Spending Cuts Would Be Drastic for Some Older Adults

Posted on 11/30/2012 by |Money and Work | Comments

Bulletin Today | Money & SavingsAs we watch President Obama and Congress haggle over taxes and spending, some interesting (and downright depressing) data has come out of two organizations. First, the gloomy news. The Leadership Council of Aging Organizations, a coalition of nonprofits that advocate for older adults, has painted an absolutely wretched picture if Congress fails to agree to a plan and automatic across-the-board spending cuts take effect beginning Jan. 2. As the peak of winter blankets much of the nation, the council says, 290,000 households would …