The Chronicle, 2/7/2005: President's Budget Seeks to Cut Many Programs That Subsidize Charities

The Chronicle, 2/7/2005: President's Budget Seeks to Cut Many Programs That Subsidize Charities: "President's Budget Seeks to Cut Many Programs That Subsidize Charities
By Elizabeth Schwinn and Brad Wolverton
Washington
Many charities would receive far less money from the federal government if Congress approves the $2.6-trillion federal budget for 2006 that President Bush released today. Some organizations would also face tougher regulations on their operations.
As part of his pledge to cut the $400-billion deficit in half in the next four years, the president proposed cutting by more than 1 percent every category except those related to defense and homeland security, as well as overseas projects. He also singled out 150 programs for elimination, a move that he says would save the government $20-billion."