The ongoing political standoff over the budget continues to have implications for all sectors of the economy, including the nonprofit sector. Most notably, proposed changes to personal itemized deductions have implications for the charitable deduction and giving to the sector as a whole.

The conference The Charitable Deduction: A View from the Other Side of the Cliff, hosted by the Urban Institute on February 28, 2013 examined how the recent debate over tax changes has affected nonprofits and charitable giving. Throughout the conference, a reoccurring theme was the gap between economic analysis and political feasibility.