These community organizations have seen, particularly in light of the decline in the stock market in the early part of this decade, with some of the problems we have had with our economy early in the decade, the amount of charitable giving decline. So as a result, to respond to these pressing needs, and actually to make the Tax Code, I would say, more equitable, we put forward a bipartisan bill offered by Senator Joe Lieberman and me that passed 95 to 5. Support for this bill is pretty overwhelming.
Rick Santorum: “These community organizations have seen, particularly in light of the decline in the stock market in the early part of…”
Editor's note · Context
Discussing the need for legislation to support nonprofit organizations and charitable giving.
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