NII report: Budget cuts to push 35,000 kids in poverty

May 28, 2013 20:05

Cuts in the state budget would cause about 35,000 children to fall into poverty, Israeli media cited a National Insurance Institute (NII) report released Tuesday as stating.

The NII reportedly blasted the government's new economic plan, stating that cuts proposed by Finance Minister Yair Lapid and approved by the cabinet would extend the cycle of poverty and therefore hurt the middle class. The cuts would cause the most harm to Israel's bottom deciles, which reportedly is five times that compared to the upper deciles, it was stated.

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