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IRS, Trump and Lawrence Summers

Insider on MSN · 2d

Trump's 'attack' on the IRS could cost the government $1 trillion, former Treasury Secretary says

Larry Summers said Trump's cuts to the IRS could cost the government $1 trillion. A Yale economist told BI that's a conservative estimate.

Bloomberg on MSN · 2d

Summers Says Trump ‘Attack’ on IRS Risks $1 Trillion Revenue Hit

Former Treasury Secretary Lawrence Summers said that the Trump administration’s moves to downsize the Internal Revenue Service, along with other changes, are likely to incentivize reduced tax-payment compliance — potentially costing the federal government $1 trillion in lost revenues over a decade.

InvestmentNews · 2d

Summers warns of $1T revenue loss risk from Trump 'attack' on IRS

The former Treasury secretary envisions an avalanche of noncompliance as the federal tax agency weathers massive workforce reductions and a string of walkouts in its leadership.

3don MSN

Larry Summers is really worried about the economy — and fears the US may face a 'Liz Truss moment'

Former Treasury Secretary Larry Summers said the US was facing a situation "almost unprecedented in our financial history." ...

10don MSN

Larry Summers erupts in anger after Trump official blames him for China trade imbalance: ‘You’re talking nonsense!’

Former Treasury Secretary Larry Summers grew irritated and erupted in anger during a podcast debate with a current ...

6don MSN

Famed economist Larry Summers sounds economic alarm bells on Trump's trade war — 3 ways to help protect yourself in 2025

I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you ...

2don MSN

Summers Urges Harvard to Make Changes Without US Interference

Harvard University needs to reform its approach to antisemitism, disciplining students and complying with the Supreme Court ...

12don MSN

Larry Summers says DOGE is going to end in a 'disastrous failure'

Former Treasury Secretary Larry Summers said in the latest All-In Podcast that DOGE is wreaking havoc on American ...

12d

What are the odds of a US recession? Here's how this economic expert calls it

The odds favor the country going into a recession this year, economist Larry Summers told Arizona real estate lenders at an ...

Bloomberg on MSN2d

Summers Says Harvard Needs Reform, Funding Freeze Inappropriate

Former US Treasury Secretary Lawrence Summers says there is a substantial need for Harvard University to reform on "Wall ...

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