Slashing $20 billion in IRS funding for tax enforcement would cost the federal government $44 billion in revenue over the next decade, according to a new Congressional Budget Office analysis.
The report, requested by Senate Budget Committee Chair Sheldon Whitehouse (D-R.I.), put the cost of cutting IRS funds higher than an estimate released last year.
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Our new weekly show, Fly Out Day, brings you inside the most consequential decisions shaping Congress with the people at the center of the story. From Hill leadership to Washington’s most-plugged in reporters, join us straight from our townhouse each Thursday evening. Watch the latest episode now.
Punchbowl News Presents
Our new weekly show, Fly Out Day, brings you inside the most consequential decisions shaping Congress with the people at the center of the story. From Hill leadership to Washington’s most-plugged in reporters, join us straight from our townhouse each Thursday evening. Watch the latest episode now.
