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.
Category archives: Inflation
The inflation reduction act of 2022 provies the IRS with $79 billion to focus on enforcement and operations
Written by on in Business, Inflation.
After enduring years of hiring freezes and budget cuts, the inflation reduction act of 2022 will provide the internal revenue service with over $79 billion to focus on enforcement and operations.
