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Nonprofits worry about impact of fiscal cliff
Updated: Sunday, 09 Dec 2012, 9:43 AM EST
Published : Sunday, 09 Dec 2012, 9:43 AM EST
MUNCIE, Ind. (AP) - Indiana nonprofit agencies are closely watching negotiations in Washington in hopes the nation's leaders can avert the "fiscal cliff."
Agencies say the looming combination of tax increases and spending cuts could cut donations at a time when the organizations and their clients are still struggling to recover from the recession.
Teresa Clemmons of A Better Way in Delaware County tells The Star Press that any additional drops in funding could significantly impact the agency's programs to help victims of domestic violence.
Agencies say uncertainty about what funding would be cut and how quickly make it difficult to prepare for the worst-case scenario.
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