Charitable Deduction Not Discussed at Deficit Talks - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: Republican members of the congressional deficit committee are discussing plans that would limit some tax breaks to help close the federal deficit, The New York Times reports. But a top Congressional aide says lawmakers have not been talking about placing any limits on charitable deductions.
The committee is working to trim more than $1.2-trillion from the federal deficit over 10 years.
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