Republicans Quietly Axed IRS Funding While No One Was Looking

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During last week’s negotiations to avert a government shutdown, Congress quietly slashed $20 billion from the Internal Revenue Service. Republicans have long targeted the tax agency, and their cuts will hurt its efforts to go after rich tax evaders and improve the IRS’s functionality. It’s their second successful cut from President Biden’s $80 billion funding boost to the agency in the 2022 Inflation Reduction Act, as the GOP took away an earlier $20 billion in a 2023 budget deal. The latest

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Republicans Quietly Axed IRS Funding While No One Was Looking https://newrepublic.com/ - 26.12.2024 21:02

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Republicans Quietly Axed IRS Funding While No One Was Looking https://newrepublic.com/ - 26.12.2024 21:02