What Will Happen After the Fiscal Cliff Talks?
As we speak, in the 112th "lame duck" session of Congress (Nov-Dec 2012), policymakers are attempting to take corrective action to avoid the mandatory, across-the-board spending cuts and tax increases, a measure known as the "fiscal cliff" because of its devastating effects on federal programs and economic growth. The fiscal cliff has far-reaching effects on the nonprofit sector, with multi-billion dollar cuts to federal health programs, human services, environmental agencies and more. Read Rick Cohen's recent article at Nonprofit Quarterly.
Of direct consequence to nonprofits, limitation of the charitable deduction is very much on the table as lawmakers discuss changing the fundamentals of this long-standing giving incentive.
As of today, fiscal cliff talks are still in progress - but January's Live Chat event will take place after the chips have fallen:
After The Cliff: Nonprofit Policy Issues in 2013 - Jan. 10, 1-2pm ET Guest panelists include:
Whatever outcome lies ahead, nonprofits need to be prepared to protect the services they provide by being vocal and active in policy at all levels of government. We'll ask Robert and Rick what they think about the 2013 legislative calendar, and where nonprofits fit into the policy landscape moving forward.