Cut in Child Allowances Would Push Over 40% of Children Below Poverty Line, Says NII

National Insurance Institute officials base projection on the high end of child allowance cuts that are thought possible. It is expected that Israel could cut somewhere between NIS 2.5 billion and NIS 3.5 billion.

Officials at the National Insurance Institute predict that if, as part of the efforts to reduce government spending, state support for child allowances is...