Budget

CBO Says IRS Will Audit Americans Making Under $400K

Despite claims from Biden administration officials that new funding for the Internal Revenue Service (IRS) will not increase the auditing burden on individuals and small businesses, a Friday letter from the Congressional Budget Office (CBO) reveals new auditing activity targeting taxpayers who report less than $400,000 per year will be expected to contribute to about $4 billion in revenue.

Breitbart Business Digest: Canceling Student Debt Will Not Raise Inflation, Say the People Who Told You Inflation Would Be Transitory

The debate over the Biden administration’s student loan scheme has somehow become even stupider as the week has worn on.

Biden Student Loan Handout Gives up to $20K to Lawyers, Doctors Set to Make Hundreds of Thousands of Dollars

President Biden's student loan handout will provide relief for recent law school and medical school graduates who will soon earn hundreds of thousands of dollars.

IRS Targets Small Business Owner in Recruitment Video

Small businesses and freelancers fear that IRS agents will target them first because of new 'Inflation Reduction Act.'

IRS Spent $20 Million On Military Equipment, Ammo

The Internal Revenue Service has spent tens of millions of U.S. taxpayer dollars purchasing guns, ammunition, and military-style equipment.

CDC Announces Changes Amid Criticism of Handling COVID, Monkeypox, Other Public Health Issues

The Centers for Disease Control and Preventions on Wednesday announced changes to the country's top public health agency, amid criticism about its response to COVID-19, monkeypox and other public health threats.

San Francisco Reverses Defunded Police Policy Amid Calls for ‘Accountability’

Democratic-run San Francisco has reversed its course after pulling $120 million from its police budget in 2020.

Biden Signs $740 Billion Inflation Reduction Act

President Joe Biden signed the Inflation Reduction Act into law on Tuesday, a move heralded by the Biden administration as a huge win and by Republicans as a devastating loss.

Minneapolis Teachers Union Contract Calls for Layoffs of White Teachers First

A Minneapolis teachers union contract stipulates that white teachers will be laid off or reassigned before “educators of color” in the event Minneapolis Public Schools (MPS) needs to reduce staff.

‘Ukraine Is Bankrupt’: Moscow

Ukraine has lost its financial independence as it cannot meet its obligations to its citizens without Western help, Russian State Duma Speaker Vyacheslav Volodin...

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