Federal Budget (US) – Page 14

I.R.S. Says Cash Influx Has Made Agency Bigger and More Digital

An $80 billion infusion has helped improve customer service, but the tax agency continues to face uncertainty over future funding.

By Alan Rappeport

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White House Hits Back on Fitch Credit Downgrade, Protecting Biden

The president’s team has mobilized to counter the downgrade of Treasury debt by the Fitch Ratings agency, rushing to defend the story of an improving economic outlook.

By Jim Tankersley

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U.S. Credit Rating Is Downgraded by Fitch

The ratings agency, which lowered the U.S. long-term rating from its top mark, said that debt-limit standoffs have eroded confidence in the nation’s fiscal management.

By Alan Rappeport

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Biden’s New Student Debt Repayment Plan Could Cost $475 Billion

The report estimates that the plan will slash borrowers’ payments and cost more than President Biden’s recently rejected debt cancellation plan.

By Stacy Cowley

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