Bread National Grassroots Conference Call and Webinar July 19, 2012, 4pm EST

1. Bread National Grassroots Conference Call and Webinar July 19, 2012, 4pm EST

2. Welcome #BreadWeb

3. LaVida Davis Director of Organizing and Grassroots Capacity Building #BreadWeb

4. Opening Prayer #BreadWeb

5. Gary Cook Interim Director of Government Relations Washington, DC #BreadWeb

6. Bread for the World Speaking Up for Faithful Tax Policy #BreadWeb

7. Amelia Kegan Senior Policy Analyst Washington, DC #BreadWeb

8. We can no longer sit on the sidelines www.bread.org #BreadWeb

9. Long-Term Deficits are Unsustainable www.bread.org #BreadWeb

10. Previous deficit reduction packages have included revenues. www.bread.org

11. The U.S. is one of the least-taxed countries www.bread.org

12. “From everyone to whom much has been given, much will be required” (Luke 12.48) www.bread.org

13. Policy Position Consistent with Bread’s Faithful Tax Policy • Continue the current EITC and Child Tax Credit benefit levels. • Allow the 2001 and 2003 tax cuts to expire for at least the wealthiest 2% of individuals. • Eliminate ineffective tax expenditures. • Restore the estate tax to the 2009 levels. • A net increase in revenue in any tax reform legislation. • A deficit reduction package balanced with spending cuts accompanied by additional tax revenues. www.bread.org

14. www.bread.org Aviva Aron-Dine Special Assistant to the President for Economic Policy National Economic Council

15. Legislative Update #BreadWeb

16. Tax Votes Over the Next Two Weeks Senate Bill House Bill/Senate Alternative Continues tax cuts for incomes below $250,000 Continues tax cuts for incomes above $250,000 Continues 2010 estate tax provisions of $5/$10 million exemption Ends current EITC and Child Tax Credit benefits, rolling back to pre-2008 levels www.bread.org • Continues tax cuts for incomes below $250,000 • Lets tax cuts expire for incomes above $250,000 • Returns estate tax to 2009 levels • Continues current EITC and Child Tax Credit benefit levels

17. Our Message Senate Democrats Senate Republicans We recognize a party-line vote, and this bill won’t become law before the elections. There will be a negotiated agreement. It should include: Continue the current EITC and Child Tax Credit benefits Don’t burden low-income families Additional tax revenue www.bread.org • Vote for the bill. • There will be a negotiated agreement. It should include: • Continue the current EITC and Child Tax Credit benefits • Don’t burden low-income families • Additional tax revenue #BreadWeb

18. Our Message House Democrats House Republicans We recognize a party-line vote, and this bill won’t become law before the elections. There will be a negotiated agreement. It should include: Continue the current EITC and Child Tax Credit benefits Don’t burden low-income families Additional tax revenue www.bread.org • Oppose the bill. • There will be a negotiated agreement. It should include: • Continue the current EITC and Child Tax Credit benefits • Don’t burden low-income families • Additional tax revenue #BreadWeb

19. Report From the Field #BreadWeb

20. Cathy Brechtelsbauer St. Marks Lutheran Church Sioux Falls, SD #BreadWeb

21. Next Steps Next Call: 8/16/12 Closing Prayer www.bread.org

23. www.bread.org #BreadWeb