President, Again, Attacks Charitable Deduction

Thursday, April 11, 2013

This examination of President Obama’s federal budget proposal includes comments from Michael Peterson, President of the Peter G. Peterson Foundation.

President Barack Obama’s federal budget proposal includes a reduction in the deduction for charitable gifts for the fifth year in a row. But, during an interview last night on Fox News, Rep. Paul Ryan (R-Wisc.) agreed with the words used by an interviewer that the budget was “dead on arrival” when it is discussed in Congress...

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