|
|
||||
|
Foster Care Facts
The magnitude of foster care in America is startling. More than 700,000 youth of every race, ethnicity, culture, and age group are affected by foster care each year. Children and youth are placed in foster care when their parents or guardians are unable to ensure their well-being. These young people need stable, loving care until they can safely reunite with their families or establish another lifelong relationship. The National Foster Care Coalition (NFCC), through its membership of dedicated and caring professionals and individuals, offers a clearing- house of information on issues affecting the foster care system and the children, youth, and families who experience it. If you would like to add a resource, please contact the NFCC webmaster. |
|
||||
Summary of the President’s Proposed FY 2013 Budget on Select Children’s Issues
The Obama administration’s fiscal year (FY) 2013 budget spends $3.8 trillion in federal fiscal year 2013 (October 1, 2012 through September 30, 2013). The deficit for FY 2013 is projected be $901 billion decreasing from the projected $1.3 trillion for this year. The budget allocates spending at levels set by last year’s debt ceiling agreement (PL 112-25). After enacted spending cuts and freezes, the debt agreement also required a minimum of $1.2 trillion in additional deficit reduction. If Congress cannot reach that goal, across-the-board cuts will be imposed on January 2, 2013 to both defense spending and domestic spending. The $3.8 trillion includes $830 billion for Social Security, $530 billion for Medicare, $282 billion for Medicaid, $248 billion in interest payments, $672 billion in defense spending (includes $88 billion for the war), $140 billion for Veterans Affairs and $568 billion for the remaining discretionary (annually appropriated) programs.
(for full text download the pdf)
(for full text download the pdf)
Federal Budget Chart FY 2013
(for complete text download the pdf)
