I rise today as an original cosponsor of this bill. This important measure would accelerate the income tax benefits for charitable cash contributions to our relief efforts in Haiti. This means that those who are able to contribute now may receive the tax deduction for the 2009 filing period. With over $40 million in private and corporate donations already made, this will be a great incentive for the American people to reach even deeper into our pockets and help our friends in Haiti. This, in turn, will augment U.S. Government efforts, demonstrating the clear benefits of public-private partnerships. And it is an important step at a time when we must do more with less in the face of rapidly rising deficits here at home. There is no doubt that the United States, as a government and as a people, stand side by side with the people of Haiti during this most tragic time. Our assistance efforts so far are unparalleled, and last week, President Obama pledged $100 million in U.S. funding toward the relief efforts.
Editor's note · Context
The speaker addresses a bill to enhance tax benefits for charitable contributions to Haiti relief efforts.
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