Nope, hadn't heard. My news exposure is ... irregular.
Now that I've enlightened myself, I want to make sure we're on the same page: it would cap the percentage of the money saved on the deductions (at $280 per $1000 as opposed to currently up to $350 per $1000), not a cap like "no donations past $1 million are deductible" as I had presumed based on what you said. I'm not sure if you thought it was something else, or just wrote it wrong, or possibly you'll be able to convince me that I misinterpreted you.
http://online.wsj.com/article/SB123621392108135233.html
And I seriously, seriously doubt this was proposed with the GOAL of taking money away from charities, which seems to be what you are saying. That would only be a probable side effect, admittedly a side effect that I think the administration should not risk. (And I think I'd oppose this even if it wouldn't affect giving, on principle.)
Tag (courtesy of fkusumot): "Please feel free -- nay, I encourage you -- to offer rebuttal."
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My advice to fanboys: Brag about stuff that's true, not about stuff that's false. Predict stuff that's likely, not stuff that's unlikely. You will be happier, and we will be happier.
"Everyone is entitled to his own opinion, but not his own facts." - Sen. Pat Moynihan
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The old smileys: 
; - ) : - ) : - ( : - P : - D : - # ( c ) ( k ) ( y ) If anyone knows the shortcut for 
, let me know!
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I have the most epic death scene ever in VGChartz Mafia. Thanks WordsofWisdom!
