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3/5/17

New U.S. Budget Priorities Threaten HUD Housing Aid Programs #okc #news #wth



Housing assistance provided by the U.S. Department of Housing and Urban Development, or HUD, could fall victim to fiscal policies under consideration by the White House and Congress, which include a massive tax cut and increased military spending, according to a dozen congressional aides. While the White House has not been specific about its plans for HUD, it has called for a $54 billion cut in non-military discretionary domestic programs in the next fiscal year, which likely will dramatically impact safety-net programs that are not entitlements such as Medicare and Social Security, budget experts said. Deep cuts to housing funds would force some people out of their homes and hollow out grant programs meant to revitalize urban neighborhoods. Housing advocates say changes to its budget or mandate would be directly felt in low-income communities. http://bit.ly/2ltPyo1 http://bit.ly/1fJ5yqZ This video was produced by YT Wochit News using http://wochit.com



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