White House Says Tax Refunds Will Be Processed Despite Shutdown
Facing a growing backlash against the government shutdown over funding for a wall on the Southern border, the White House is asserting that it will have the IRS process tax refunds despite a lack of Congressionally approved funding for the Treasury Dept. The decision reverses a long-standing policy but will have the effect of pumping billions of dollars into the economy and ease pressure on the White House to settle its dispute with Democrats.
Although the impact of tax refunds has diminished in recent years ... Log in to view full article.