IRS chief: agency cuts would add $4 bln to deficit
WASHINGTON Nov 8 (Reuters) - Cutting the budget of the tax-collecting U.S. Internal Revenue Service, as proposed in Congress, could add $4 billion annually to the federal deficit, IRS Commissioner Douglas Shulman warned on Tuesday.
A cut of at least $525 million has been proposed and would have "serious consequences" that could reduce enforcement actions by 7 percent, Shulman said at a conference, adding that it "would add about $4 billion to the deficit."
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