Relevant and even prescient commentary on news, politics and the economy.

Is Congress drinking Grover Norquist koolaid? (or will it fund IRS appropriately

by Linda Beale Is Congress drinking Grover Norquist koolaid? (or will it fund IRS appropriately) IRS Commissioner Doug Shulman testified before the House Appropriations Financial Services and General Government Subcommittee on President Obama‚Äôs proposed 2013 budget for the IRS. Shulman wants Congress to provide adequate funding to the IRS to support its enforcement function. The […]

Obama proposes to exempt some IRS spending on enforcement from budget cap

by Linda Beale Obama proposes to exempt some IRS spending on enforcement from budget cap The 2011 debt ceiling compromise, known as the Budget Control Act, establishes automatic cuts in spending for various categories if no further deal is reached to overturn them. In many ways, it might be ideal to allow the Budget Control […]