A powerful bipartisan duo announced a significant tax deal Tuesday that would combine an expansion of the child tax credit with long-sought provisions for the business world.
A $1.66 trillion top-line spending agreement announced by congressional leaders this week will accelerate funding cuts to the Internal Revenue Service favored by Republicans. The bipartisan deal would cut $10 billion from the IRS during fiscal 2024, one year earlier than Democrats and Republicans previously agreed on in a deal to raise the debt limit…