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Catalogue Blog

In the News … (Part 1)

Welcome to Wednesday, folks.

First, to address the questions that are arising both in the wake of the President’s budget proposal and from the debate to come, do check out yesterday’s coverage at Chronicle of Philanthropyand in the Nonprofit Quarterly. The former takes a more level approach, pointing out that “the news wasn’t all bad. The president proposed adding money, for example, to programs to help homeless people and provide rental assistance to low-income families.” The latter then offers a partial “list of program terminations and reductions … tucked into one of the supplemental volumes” of the President’s proposal and concludes that his “middle-of-the road … strategy might be part of the reality that nonprofits have to address.” In terms of indirect effects, the plan also “proposes limiting the value of itemized deductions for the better off deductions could only be claimed against a 28% rate.”

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