Former Treasury Secretary Larry Summers has expressed concern that President Donald Trump‘s cuts to the Internal Revenue Service (IRS) could lead to a loss of $1 trillion for the government.
What Happened: Summers expressed his worries when he appeared on Wall Street Week on Bloomberg Television. He predicted that the government might suffer a large loss over the course of the next ten years as a result of Trump’s “attack” on the IRS as part of his ambitious cost-cutting …Full story available on Benzinga.com
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