Limiting Funds for Treasury Inspector General for Tax Administration
This bill aims to cap the spending for salaries and expenses of the Treasury Inspector General for Tax Administration in fiscal year 2024. This means the office responsible for overseeing the tax system will have less money available. This could impact the effectiveness of tax audits and oversight, indirectly affecting every taxpayer.
Key points
The bill limits the maximum amount the Treasury Inspector General for Tax Administration can spend in 2024 to $170,250,000.
Reduced funding may affect the office's ability to conduct investigations and oversee the tax system.
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