OMB Memo Details How 30% Spending Cuts Would Eliminate 800,000 HCVs
On Tuesday, the Office of Management and Buget (OMB) released a memo stating that House Republicans would have to slash spending for all other federal agencies by 30 percent next year if they would like to protect or see an increase in defense spending. The memo states that a 30 percent cut would eliminate funding for Housing Choice Vouchers for over 800,000 households, including 250,000 households headed by seniors.