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Capitol Hill

Cuts Just $10B From 80B Hike For IRS

View Source | May 26, 2023 1:36 pm

  • The deal would cut $10 billion from an $80 billion budget increase for the Internal Revenue Service that Biden won as part of his Inflation Reduction Act.
  • Republicans have warned of a wave of agents and audits while Democrats said the increase would pay for itself through less tax cheating.
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