Biden To Give Up IRS Funding That Fights Rich Tax Evaders In Debt Ceiling Fight
President Joe Biden is signaling he may give up the Internal Revenue Service funding part of the Inflation Reduction Act in order to prevent a government default. Cenk Uygur, John Iadarola and Farron Cousins discuss on The Young Turks. https://shoptyt.com/collections/justice-is-coming
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Read more HERE: https://www.huffpost.com/entry/irs-money-debt-ceiling-deal_n_647008e8e4b0047ed77aac66
“The White House is looking at trading away part of a historic boost in Internal Revenue Service funding it won last year as part of President Joe Biden’s Inflation Reduction Act in order to seal a deal to raise the debt limit and avoid an unprecedented government default.
The New York Times reported Thursday that the White House was offering to redirect $10 billion of the $80 billion boost in IRS funding to ease Republican-proposed cuts in the annual spending that goes to non-defense federal agencies and programs.”
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