beSpacific<p><a href="https://newsie.social/tags/billionaires" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>billionaires</span></a> - During last week’s negotiations to avert a govt shutdown, <a href="https://newsie.social/tags/Congress" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Congress</span></a> quietly slashed $20 billion from the <a href="https://newsie.social/tags/IRS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>IRS</span></a>. Republicans have long targeted the <a href="https://newsie.social/tags/tax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tax</span></a> agency &amp; their cuts will hurt its efforts to go after <a href="https://newsie.social/tags/rich" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>rich</span></a> <a href="https://newsie.social/tags/tax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tax</span></a> <a href="https://newsie.social/tags/evaders" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>evaders</span></a> &amp; improve the IRS’s functionality. It’s their second successful cut from President <a href="https://newsie.social/tags/Biden" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Biden</span></a> $80 billion funding boost to the agency in the 2022 <a href="https://newsie.social/tags/InflationReductionAct" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>InflationReductionAct</span></a> as the <a href="https://newsie.social/tags/GOP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GOP</span></a> took away an earlier $20 billion in a 2023 <a href="https://newsie.social/tags/budget" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>budget</span></a> deal. <a href="https://newrepublic.com/post/189672/republicans-cut-irs-funding-government-shutdown" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">newrepublic.com/post/189672/re</span><span class="invisible">publicans-cut-irs-funding-government-shutdown</span></a></p>