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Consumer Spending is Tightening Up… Kind Of
Motley Fool Money
The Fed's Debt Ceiling and the Stock Market Are Strong
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Friday's stock market is strong. I would think partly as a result of that being accomplished. The deal actually cut IRS funding that was granted as part of the inflation reduction act by upwards of $20 million. That could impact the development of a free federal tax filing system, $20 billion. So just seeing where the federal government spending is going to shift potentially over the next couple of years, that's one of the things that was standing out to me.
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