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Bhavik Nair

Former Treasury Secretary Summers Criticizes IRS Provisions In Debt Ceiling Agreement

IRS Larry Summers Jason Furman Lawrence Summers Barack Obama Kevin McCarthy Deficit Harvard University

Former Treasury Secretary and current Harvard Professor Larry Summers listens to remarks during a discussion on low-income developing countries at the annual IMF and World Bank Spring Meetings, April 13, 2016, in Washington, DC. / AFP / Mike Theiler (Photo credit should read MIKE THEILER/AFP via Getty Images)

Former Treasury Secretary Lawrence Summers has expressed hope the debt ceiling agreement between President Joe Biden and House Speaker Kevin McCarthy would pass Congress but indicated he is skeptical about the provisions regarding the Internal Revenue Service (IRS).

“I am glad that the #DebtCeilingCrisis has been resolved and hope and trust #Congress will act. I think however the #IRS provisions are a grave error,” he said in his tweet.

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'Hail Satan' Erupts at Iowa City Council Meeting as Pastor Demands 'Curse' Be Reversed

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A woman allegedly posed as a substitute teacher in her old high school before telling the polices she ‘hates kids’

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We Got This Covered

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'Hail Satan' Erupts at Iowa City Council Meeting as Pastor Demands 'Curse' Be Reversed

'Hail Satan' Erupts at Iowa City Council Meeting as Pastor Demands 'Curse' Be Reversed

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