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Understanding the Federal Budget and Its Impact on Older Adults

For over a decade, annual investments in federal aging services programs not only failed to keep pace with the growth in the number of older Americans, but also suffered from indiscriminate cuts. 

More older adults than ever need assistance and support to make ends meet. Funding for aging services programs, including those of the Older Americans Act (OAA), is a cost-effective investment.

Empowering older adults to remain healthy and economically secure in their own homes and communities reduces spending on more costly entitlement programs. Every dollar provided to the aging services network also is leveraged by nearly three dollars in non-federal support.

FY25 federal budget proposals

Administration FY25 budget request:

FY24 federal budget proposals

Congressional Dear Colleague Letters advocating for NCOA FY24 priorities:

Administration FY24 budget request:

Learn more about the federal budget 

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