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2025-03-25 16:27:48
in reply to

ZhiZhu on Nostr: DOGE’s Supposed Savings Are About to Cost the US a Lot of Money The IRS is bracing ...

DOGE’s Supposed Savings Are About to Cost the US a Lot of Money

The IRS is bracing for a huge hit to its revenue thanks to Elon Musk’s cuts.
https://newrepublic.com/post/193093/irs-revenue-elon-musk-doge-cuts

" #DOGE directed staff cuts at the agency have sparked fears that #US tax revenue could plummet by 10%, or $500 billion...

Last year, the #IRS collected $5.1 trillion, w/ $825 billion going to the #Defense Dept. Such a massive loss would hobble #government services or increase the national deficit"

#Musk #Trump #USPol #News #USA

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