Republicans IRS Cuts to Add $24 Billion to the Deficit, Finds CBO
March 01, 2024
March 01, 2024
WASHINGTON, March 1 -- Sen. Sheldon Whitehouse, D-Rhode Island, chairman of the Senate Budget Committee, issued the following news release:
While holding hostage the full faith and credit of the U.S. government, MAGA Republicans demanded $20 billion in cuts to the Internal Revenue Service (IRS), which the nonpartisan Congressional Budget Office (CBO) now finds will add $24 billion to the deficit--even more than previously reported.
According to a new CBO report, prepar . . .
While holding hostage the full faith and credit of the U.S. government, MAGA Republicans demanded $20 billion in cuts to the Internal Revenue Service (IRS), which the nonpartisan Congressional Budget Office (CBO) now finds will add $24 billion to the deficit--even more than previously reported.
According to a new CBO report, prepar . . .