Learn how the recent funding increase for the IRS is providing policymakers with a more precise picture of the X-Date, the point when the US Treasury will run out of money if the government cannot take on more debt. Experts explain how the latest IRS data is invaluable for understanding the nation's financial position during the debt ceiling debate, and warn that the debt ceiling brinkmanship is a national security issue.
Understanding the X-Date: How the IRS Funding Increase Helps Forecast the Nation's Financial Position
Written by on in Inflation, IRS, Tax Audits, Appeals & Litigation.
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