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House Dems block charitable tax bill

from From The Hill

House Democrats blocked legislation that would have permanently extended three tax credits for charitable giving, ending an effort to give nonprofits a last-minute victory. The bill got a strong majority in the House, with 275 members voting for it, including 47 Democrats. But the measure fell eight votes short of the two-thirds majority it needed to pass, with 149 Democrats voting against it after House Democratic leaders whipped against it and President Barack Obama threatened a veto. more


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