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Congressional Research Service Issues Insight White Paper on Changes to IRS Funding in Debt Limit Deal
June 08, 2023
WASHINGTON, June 8 -- The Congressional Research Service issued the following Insight white paper (No. IN12172) on changes to Internal Revenue Service funding in the debt limit deal on June 6, 2023, by public finance analyst Brendan McDermott:

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Changes to IRS Funding in the Debt Limit Deal

President Joseph Biden and House Speaker Kevin McCarthy brokered a deal that would reduce federal spending in FY2024 and FY2025 and raise the statutory debt limit th . . .

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