State Financial Officers Urge Treasury to Terminate Internal Revenue Service’s ‘Direct File’ Program

A group of 21 state financial officers on Monday urged the Department of the Treasury to terminate the IRS’s Direct File pilot program, contending that its shortcomings were likely to lead to problems for filers, cause needless confusion, and result in lost state revenues.

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Congress Probing Whether IRS Plyng AI to Invade Americans’ Financial Privacy

Jim Jordan and Harriet Hageman

The House Judiciary Committee has opened an inquiry to whether the IRS is using artificial intelligence to invade Americans’ financial privacy after an agency employee was captured in an undercover tape suggesting there was a widespread surveillance operation underway that might not be constitutional.

Committee Chairman Jim Jordan, R-Ohio, and Rep. Harriet Hageman, R-Wyo., sent a letter last week to Treasury Secretary Janet Yellen demanding documents, and answers as to how the agency is currently employing artificial intelligence to comb through bank records to look for possible tax cheats. 

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Commentary: Turns Out The IRS Is After You, After All

Internal Revenue Service

When it was first revealed that the so-called “Inflation Reduction Act” provided funding for 87,000 new IRS agents, Biden administration officials told Americans not to worry. They promised at every turn that these agents would only be set upon those earning over $400,000 a year.

But the Act has done nothing to reduce inflation, so it’s hardly surprisingly to learn now that an army of IRS agents has the middle class in its crosshairs.

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‘That’s a Lie’: GOP Senator Presses Janet Yellen on Plan to Pay for Social Security

Republican Sen. Bill Cassidy of Louisiana accused the Biden administration of lying about its commitment to working with Congress to protect seniors’ social security benefits at a hearing of the Senate Finance Committee Thursday.

Cassidy asked Treasury Secretary Janet Yellen, who was testifying about President Joe Biden’s proposed budget for the fiscal year 2024, if the president was aware that “when [Social Security] goes broke in nine years” there would be a 24% cut in benefits for current recipients.

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Commentary: Biden Admin Blames the American People for its Own Ludicrous Spending

Last week, Treasury Secretary Janet Yellen blamed the American people for the 40-year high inflation we have been enduring.

Appearing on “The Late Show with Stephen Colbert,” she said that Americans “were in their homes for a year or more, they wanted to buy grills and office furniture, they were working from home, they suddenly started splurging on goods, buying technology.” According to her, this consumer “splurging” caused prices to rise so much.

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Biden Administration Accused of Gaslighting Nation with ‘Soviet Level Propaganda’ After Attempting to Redefine Recession

by Debra Heine   The White House is being accused of gaslighting the American people with “Soviet levels of propaganda” as Biden officials attempt to change the definition of recession amid economic data that shows the United States is entering into a recession. A recession is traditionally defined as two…

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Commentary: One Chart Explains Biden’s Inflation Disaster

We’ve told you before about Stephen Moore’s Committee to Unleash Prosperity and his must-read Hotline but the Friday, December 10 edition was a Pulitzer Prize winner, or would be if conservatives ever got Pulitzer Prizes. You can read the entire newsletter through this link and we highly recommend you do so, because in one edition it pretty well destroys the entire Biden Democrat agenda.

The lead article shows the effects of Biden’s inflation disaster in one chart. And Steve Moore explains “inflation isn’t going away. No, it isn’t transitory. And, sorry, no, CNN, it isn’t good for you!”

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