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500 Billion Gone [1]

['This Content Is Not Subject To Review Daily Kos Staff Prior To Publication.']

Date: 2025-03-22

Per TPM late Saturday reporting on a Washington Post story:

“”The Post reports today that the IRS’s internal projections estimate that the DOGE-driven disruptions to the IRS since the inauguration are on track to have reduced tax receipts by more than $500 billion by April 15th.””

Due to layoffs and chaos at the IRS these are taxes that will not be collected, or at the very lease not collected before April 15th this year. The Post story is unfortunately behind a paywall.

“”In other words, in about eight weeks DOGE managed to lose the US government, more or less light fire, more than half of what goes to all non-defense discretionary spending.””

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[1] Url: https://www.dailykos.com/stories/2025/3/22/2311968/-500-Billion-Gone?pm_campaign=front_page&pm_source=latest_community&pm_medium=web

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