Congresswoman Fudge Votes Against H.R. 5806, Increases the Deficit by Extending Tax Credits for Charitable Contributions

Statement

Congresswoman Marcia L. Fudge (OH-11) released the following statement today regarding her vote against H.R. 5806 -- the Supporting America's Charities Act:

"I welcome and encourage the giving spirit that time and again prompts millions of individuals and corporations to support American charities, faith-based and other non-profit institutions and philanthropic organizations. Their contributions enhance the economic and environmental well-being of our communities by supporting many of our nation's most vulnerable citizens," said Congresswoman Fudge.

"However, I could not support H.R. 5806. In advancing this bill, the House Majority did not figure out how to pay for the loss of revenue that will occur by extending these tax credits for 3 charitable contributions. The included tax provisions would be permanent and increase the deficit by $11.1 billion over 10 years. This is in conflict with House Republicans' stated goal of reducing the nation's debt. After all, they passed a budget resolution that required tax credits to be paid for in order to be made permanent.

"Meanwhile, the House Majority continues in its refusal to extend other needed tax relief and programs that benefit the middle class, families, and other Americans who struggle to put food on the table and make ends meet. It is not right for Congress to pick winners and losers among the American people. If "charity begins at home," let it begin in the People's House, with a commitment to a fair and even-handed tax policy."

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