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>> JACK LEW Latest News

MAR 08, 2013 - Forbes

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Grand Bargain and the Charitable Tax Deduction: What the White House Doesn't Understand

The whiff of a so-called grand bargain to address the looming combination of long-term federal budget deficits and ever-growing entitlement costs is back in the air, thanks, in part, to what Bloomberg’s Lisa Lerer and Kathleen Hunter have described as President Obama’s “charm offensive”, including dinner with members of the other political party. “With $1.2 trillion in spending cuts mandated over the next nine years and short-term government funding set to expire on March 27,” they write, “lawmakers say the coming weeks could provide the chance for a long-term deficit-reduction bargain that ... Read More

Tags: Grand Bargain and the Charitable Tax Deduction: What the White House Doesn't Understand,  Jack Lew Latest News