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Larry Summers Warns Trump's IRS Cuts Could Cost Americans $1 Trillion Over 10 Years, Calls Strategy 'Raw Incompetence'

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Former Treasury Secretary Larry Summers has expressed concern that President Donald Trump‘s cuts to the Internal Revenue Service (IRS) could lead to a loss of $1 trillion for the government. What Happened: Summers expressed his worries when he appeared on Wall Street Week on Bloomberg Television.…

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