
Rick Wilson, David Corn & Catherine Rampell
Fast Politics with Molly Jong-Fast
00:00
The Inflation Reduction Act and the Debt Ceiling Deal
The Inflation Reduction Act invested $80 billion long term in the internal revenue service. The IRS uses that money to bring in more money, unlike most other forms of government spending. Republicans demanded ostensibly in the name of reducing deficits, reducing spending was to at least partly defund the IRS. Most likely it will come from future enforcement efforts because that's what they want to go after.
Play episode from 40:50
Transcript


