The Federal Government Charity Fight is Not Over
Do you remember all the wrangling at year-end over the budget deal? Well, while a deal was struck, it was only temporary.
But with the spending cuts the next logical question becomes what cuts will be made. In the past, it was easy to target the defense budget and so called “pork projects.” In truth, no one wants his or her budget to be cut.
The growing worry is how Congress will look at charity. It is easy to eye the charitable deduction as a pot of money to tap. But the view is misguided. Charity operates as part of the social service ecosystem.
Likewise, if Congress attempts to cut the charitable deduction, then we’ll see a whole set of services that would have to shift to government agencies incapable of delivering the service. Or worse, there will be a whole set of people that will not receive service.
These are real choices that have to be made. What do you think?