Congressional Research Service Issues Insight White Paper on Changes to IRS Funding in Debt Limit Deal
July 20, 2023
July 20, 2023
WASHINGTON, July 20 -- The Congressional Research Service issued the following Insight white paper (No. IN12172) on changes to IRS funding in the debt limit deal on July 19, 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 through January 2025. . . .
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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 through January 2025. . . .