August 23, 2007
No Senate Effort to Curb Charity Abuses Expected
Sen. Max Baucus, the Montana Democrat who took over the reins of the Senate Finance Committee in January, said he does not give high priority to cracking down on charitable abuses or imposing new regulations on nonprofit groups.
"That's not at the top of my list," he said in an interview with The Chronicle.
Mr. Baucus also said he favored extending a law that allows people to give money from their individual retirement accounts to charity without paying any taxes. That
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