January 20, 2005

Bracing for a Tough Year

By Elizabeth Schwinn and Brad Wolverton

Deficit, tax-cut plans, and stepped-up government scrutiny give charities plenty of cause for concern
Washington

As President Bush is sworn in for his second term this week, many nonprofit observers believe that charities and foundations could face an unusually hostile political and financial climate in Washington that could lead to significant changes in the nonprofit world.

With a federal deficit of more than $400-billion last year

Print Subscription

Digital Subscription

Already have an account? Log In Now.