Both Democratic and Republican lawmakers called Thursday for restoring the charitable deduction for donors who don’t itemize their taxes, a priority for nonprofits nationwide, but a key senator was noncommittal on the question of whether to support legislation designed to boost payouts from foundations and donor-advised funds.
“The charitable deduction is a lifeline, not a loophole,” said Sen. Ron Wyden, a Democrat from Oregon, who said there would be bipartisan support for renewing and expanding the deduction. He made his comment at a hearing of the Senate Finance Committee, which he chairs.
