Lost amid the debate about the budget put forward by the White House yesterday was a provision that continues the administration’s war on philanthropy. Obama’s call for dangerous cuts in defense spending he says he will spend on infrastructure at home got most of the headlines. But the budget also called for limiting itemized deductions, a measure that could have a grievous impact on philanthropies that are more desperate for funds than ever in a shrinking economy.

http://www.commentarymagazine.com/2012/02/14/obama-war-on-philanthropy-charitable-giving/