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Republicans Cut $20 Billion from IRS Budget: Key Impacts and Controversy Explained
- December 28, 2024
- Posted by: Mahfuj Ruzel
- Categories: Finance & accounting, Tax News, Tax Preparation
No CommentsIn a move that has stirred political debate, Republican lawmakers successfully included a $20 billion cut in IRS funding as part of a larger bill to prevent a government shutdown. This strategic negotiation highlights the GOP’s priorities and ongoing tensions over government spending and federal agency powers. But what does this mean for taxpayers and federal operations?
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