{"id":1060122,"date":"2023-06-02T15:16:36","date_gmt":"2023-06-02T15:16:36","guid":{"rendered":"http:\/\/radiofree.asia\/?guid=e44ebfc60f539e4f75b470d15ae59cdb"},"modified":"2023-06-02T15:16:36","modified_gmt":"2023-06-02T15:16:36","slug":"irs-cuts-in-debt-ceiling-deal-will-cost-over-40-billion-in-lost-revenue","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2023\/06\/02\/irs-cuts-in-debt-ceiling-deal-will-cost-over-40-billion-in-lost-revenue\/","title":{"rendered":"IRS Cuts in Debt Ceiling Deal Will Cost Over $40 Billion in Lost Revenue"},"content":{"rendered":"<p>A preliminary analysis from the Congressional Budget Office released Thursday estimates that the $21.4 billion in IRS funding cuts that Republicans and the Biden White House agreed to enact as part of their debt ceiling agreement would result in $40.4 billion in lost tax revenue &mdash; adding to the federal budget deficit. The CBO provided its estimate to Sen. Sheldon Whitehouse (D-R.I.), who said in a...<\/p>\n<p><a href=\"https:\/\/truthout.org\/articles\/irs-cuts-in-debt-ceiling-deal-will-cost-over-40-billion-in-lost-revenue\/\" rel=\"nofollow\">Source<\/a><\/p>\n<p class=\"syndicated-attribution\">This post was originally published on <a href=\"https:\/\/truthout.org\/articles\/irs-cuts-in-debt-ceiling-deal-will-cost-over-40-billion-in-lost-revenue\/\">Latest \u2013 Truthout<\/a>. <\/p>","protected":false},"excerpt":{"rendered":"<p>Sheldon Whitehouse, chair of the Senate Budget Committee, pointed out that the cuts will add $19 billion to the deficit.<\/p>\n","protected":false},"author":572,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38141,4402,9744,23289,4,276,14830,1078,31502],"tags":[],"_links":{"self":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/1060122"}],"collection":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/users\/572"}],"replies":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/comments?post=1060122"}],"version-history":[{"count":1,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/1060122\/revisions"}],"predecessor-version":[{"id":1060123,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/1060122\/revisions\/1060123"}],"wp:attachment":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/media?parent=1060122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/categories?post=1060122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/tags?post=1060122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}