The nonpartisan Congressional Budget Office released a review of the House Republicans' plan to provide $14.3 billion in aid to Israel by cutting ...
The nonpartisan Congressional Budget Office released a review of the House Republicans' plan to provide $14.3 billion in aid to Israel by cutting Internal Revenue Service funding by that amount, saying it will raise the U.S. budget deficit in 2024 by $12 billion.
The data released by the CBO on Wednesday estimated that cutting funding of President Joe Biden's massive IRS agent staffing expansion would decrease tax revenues collected from Americans by $26 billion.Bernie Sanders calls for income over $1 billion to be taxed at 100%: ’People can make it on $999 million’
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House GOP unveils $14.3 billion Israel aid bill that would cut funding to IRSThe House GOP's proposed bill cuts sets up a battle with the White House and the Senate over how to support Israel.
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CBO says Israel aid minus IRS funding not really an offset, will add billions to deficitSpeaker Mike Johnson's $14.3 billion Israel aid package was heralded by conservatives for offsetting the funding from the IRS, but a report from the Congressional Budget Office says the offset really isn't an offset.
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GOP plan to fund Israel aid with IRS cuts would cost $90 billion, tax chief saysReducing funds for the tax agency is a top priority of House Republicans, setting up a budget clash with the Senate and White House.
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House GOP Bill Pairs Israel Military Aid With IRS Cuts That Help Rich Tax CheatsCritics slammed the bill, which would strip $14.3 billion in funds from the IRS.
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GOP Plan to Fund Israel War with IRS Cuts Raises QuestionsPoliticians, experts and commentators have reacted to a Republican-led plan to fund Israel's war against Hamas.
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House GOP Unveils Bill to Fund Israel by Cutting IRS BudgetHouse Republicans on Monday introduced a plan to provide $14.3 billion in aid to Israel by cutting funding for the Internal Revenue Service, setting up a showdown with Democrats who control the Senate. In one of the first major policy actions under new House Speaker Mike ...
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