How Do Charities Fare After the 'Fiscal Cliff?'

Over the past few weeks we've heard a lot about the "fiscal cliff." Lawmakers worked up till the bitter end, went over the edge, and came up with a thirteenth-hour solution.

One of the stones left unturned in the wake of the compromise is how new tax rates affect charitable giving.

Paul Schervish, Director for the Center on Wealth and Philanthropy at Boston College, joined Callie Crossley to talk about how the budget deal affected rates of giving.

GUEST:

• Paul Schervish, Director for the Center on Wealth and Philanthropy, and a professor in the Department of Sociology at Boston College.