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Biden To Give Up IRS Funding That Fights Rich Tax Evaders In Debt Ceiling Fight

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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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230526__TA04Biden
Category
Europe
Tags
230526__TA04Biden, News, Politics
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