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Bitcoin

Crypto Bill Passes Congressional Committee in Victory for Industry (reuters.com) 8

A key congressional committee on Wednesday advanced a bipartisan bill that aims to develop a regulatory framework for cryptocurrencies, a milestone for Capitol Hill in its efforts to codify federal oversight for the digital asset industry. From a report: The bill passed by the House Financial Services Committee would define when a cryptocurrency is a security or a commodity and expand the Commodity Futures Trading Commission's (CFTC) oversight of the crypto industry, while clarifying the Securities and Exchange Commission's jurisdiction, as many crypto advocates complain of the agency's perceived overreach. A handful of Democrats, including Reps. Jim Himes and Ritchie Torres, joined committee Republicans in voting for the bill. The House Agriculture Committee is scheduled to consider the same bill Thursday. "As other jurisdictions like the UK, the [European Union], Singapore and Australia have moved forward with clear regulatory frameworks for digital assets, the United States is at risk of falling behind. We intend to change that today," said Representative Patrick McHenry, the Republican chair of the House Financial Services Committee, at the markup.
United States

Whistleblower Tells Congress the US Is Concealing 'Multi-Decade' Program That Captures UFOs (apnews.com) 244

The U.S. is concealing a longstanding program that retrieves and reverse engineers unidentified flying objects, a former Air Force intelligence officer testified Wednesday to Congress. The Pentagon has denied his claims. Associated Press: Retired Maj. David Grusch's highly anticipated testimony before a House Oversight subcommittee was Congress' latest foray into the world of UAPs -- or "unidentified aerial phenomena," which is the official term the U.S. government uses instead of UFOs. While the study of mysterious aircraft or objects often evokes talk of aliens and "little green men," Democrats and Republicans in recent years have pushed for more research as a national security matter due to concerns that sightings observed by pilots may be tied to U.S. adversaries.

Grusch said he was asked in 2019 by the head of a government task force on UAPs to identify all highly classified programs relating to the task force's mission. At the time, Grusch was detailed to the National Reconnaissance Office, the agency that operates U.S. spy satellites. "I was informed in the course of my official duties of a multi-decade UAP crash retrieval and reverse engineering program to which I was denied access," he said. Asked whether the U.S. government had information about extraterrestrial life, Grusch said the U.S. likely has been aware of âoenon-humanâ activity since the 1930s.
The Pentagon has denied Grusch's claims of a coverup. In a statement, Defense Department spokeswoman said investigators have not discovered "any verifiable information to substantiate claims that any programs regarding the possession or reverse-engineering of extraterrestrial materials have existed in the past or exist currently." The statement did not address UFOs that are not suspected of being extraterrestrial objects, AP reported.
Government

Federal HQ Buildings Only Used At 25% of Capacity (techtarget.com) 52

dcblogs writes: According to federal officials at a U.S. House hearing Thursday, the monumental federal buildings in Washington are largely empty, with some agencies using 25% or less of their headquarters' building capacity on average. The government owns some 511 million of square feet of office space, and capacity problems open the door to the possibility of conversions to housing or commercial uses. Commercial reuse has happened before. In 2013, the General Services Administration leased the Old Post Office Building at 1100 Pennsylvania Ave., to the Trump organization for a hotel.

"The taxpayer is quite literally paying to keep the lights on even when no one is home," said Rep. Scott Perry (R-Pa.), who chairs the infrastructure subcommittee meeting. The blame for the low utilization has several causes: a shift to hybrid work, out-of-date buildings that waste space, and designs before technology reduced the need for certain types of workers. The Republicans want federal workers to return to offices and reduce telecommuting to at least pre-pandemic levels. In February, the House passed H.R. 139, the Stopping Home Office Work's Unproductive Problems Act of 2023 -- or the Show Up Act -- requiring agencies to revert to 2019 pre-pandemic telework policies. A companion bill, S. 1565, is pending in the Senate. It has six Republican sponsors but no Democrats.

United States

FTC Chair Defends Tenure as Lawmakers Battle Over Consumer Agency's Impact 22

Lina Khan, the progressive head of the U.S. Federal Trade Commission (FTC), faced tough questions on Thursday from a Republican-led House committee about court fights over multi-billion dollar mergers the agency opposed and lost. From a report: Representative Kevin Kiley, Republican from California, asked Khan about the cases that the agency had lost. "We fight hard when we believe there was a law violation, and unfortunately things don't always go our way," responded Khan. "Are you bringing cases you expect to lose?" Kiley asked later. "Absolutely not," Khan said. "Okay well your track record seems to suggest otherwise," he answered.

Representative Darrell Issa, a Republican, sternly disagreed with the Khan FTC's decision to press on with a fight against Illumina's purchase of Grail after an FTC internal judge disagreed with FTC commissioners. That challenge was initially brought under the Trump administration and is currently before an appeals court. The agency also lost a fight to stop Facebook parent Meta Platforms from buying VR content maker Within Unlimited. Democrats on the committee sought to defend Khan, occasionally joined by Republicans on the panel including Rep. Ken Buck. The White House also put out a statement backing Khan. "Chair Khan has delivered results for families, consumers, workers, small businesses, and entrepreneurs," said White House Press Secretary Michael Kikukawa, citing efforts including the agency's bid to ban non-compete agreements and mergers that would harm consumers.
Democrats

Democrats Call On DOJ To Investigate Tax Sites For Sharing Financial Information With Meta (theverge.com) 29

Democratic senators, including Elizabeth Warren and Bernie Sanders, are calling (PDF) for an investigation into popular online tax filing companies, accusing them of sharing sensitive taxpayer data with Meta and Google without user consent. The Verge reports: On Tuesday, Sens. Elizabeth Warren (D-MA), Bernie Sanders (I-VT), and others asked the Justice Department, Federal Trade Commission, Treasury Department, and the IRS to investigate whether TaxSlayer, H&R Block, and TaxAct violated taxpayer privacy laws by sharing sensitive user information with the two tech firms. Senators also released (PDF) their own report Wednesday detailing the accusations, first raised by The Markup last November.

The report alleges that for years, tax preparation companies infused their products with Meta and Google tracking pixels that revealed identifying information -- like a user's full name, address, and date of birth. The senators also suggest that some of the information provided, like the forms a user accessed, could be used to show "whether taxpayers were eligible for certain deductions or exemptions." The senators claim that the companies did not receive user consent to share this information, which could violate laws banning tax preparers from sharing tax return information with third parties, especially since much of this data could be used for advertising purposes.

United States

Majority of Americans Say TikTok Is a Threat to US National Security (variety.com) 118

According to a recent Pew Research Center survey, the majority of Americans (59%) say TikTok is a threat to the national security of the United States. Variety reports: The findings from Pew Research Center's survey of U.S. adults come as TikTok, the popular short-form video app owned by Chinese internet conglomerate ByteDance, continues to be targeted by American lawmakers wary over its ties to China and how TikTok handles user data. Just 17% of Americans say the platform is not a threat to national security, while 23% say they are unsure, per the Pew survey.

Opinions about the national security threat posed by TikTok differ by political affiliation and age. Roughly 70% of Republicans and Republican-leaning independents say TikTok is either a minor or major threat to national security in the U.S., compared with 53% of Democrats and Democratic leaners. The perception of TikTok as a threat also varies by age: Just 13% of adults 18-29 say TikTok is a "major" threat; that rises to 24% among those 30-49, 35% among those 50-64; and 46% among Americans 65 and older.

Not surprisingly, adults who do not use TikTok are more likely than those who do to consider it a national security risk. Among non-users, 65% say the app is a security threat, including 36% who view it as a major threat. Among TikTok users, just 9% see it as a major threat and about one-third say it's a minor threat. The Pew survey was conducted May 15-21, 2023. [...] A survey Pew Research Center conducted in March found that 50% of Americans support a U.S. government ban on TikTok, while 22% were opposed and 28% were unsure.

Education

Wisconsin Will Raise Public School Funding For the Next 400 Years (bbc.com) 125

Wisconsin Governor Tony Evers has used his partial veto power to make a creative line-item change to the state budget, securing increased funding for public schools until 2425 instead of 2025. The BBC reports: Republicans have reacted with fury to what they call "an unprecedented brand-new way to screw the taxpayer." The move could however be undone by a legal challenge or future governor. It is the latest tussle between Mr Evers, a former public school teacher who narrowly won re-election last year, and a Republican-controlled state legislature that has often blocked his agenda. Their original budget proposal had raised the amount local school districts could generate via property taxes, by $325 per student, for the next two school years.

But Wisconsin allows its governors to alter certain pieces of legislation by striking words and numbers as they see fit before signing them into law - what is known as partial veto power. Both Democrats and Republicans have flexed their partial veto authority for years, with Mr Evers' Republican predecessor once deploying it to extend a state program's deadline by one thousand years.

This week, before he signed the biennial state budget into law, the governor altered language that applied the $325 increase to the 2023-24 and 2024-25 school years, vetoing a hyphen and a "20" to instead make the end date 2425. He also used his power to remove proposed tax cuts for the state's wealthiest taxpayers and protect some 180 diversity, equity and inclusion jobs Republicans wanted to cut at the public University of Wisconsin.

Businesses

FBI Hired Social Media Surveillance Firm That Labeled Black Lives Matter Organizers 'Threat Actors' (theintercept.com) 151

The FBI's primary tool for monitoring social media threats is the same contractor that labeled peaceful Black Lives Matter protest leaders DeRay McKesson and Johnetta Elzie as "threat actors" requiring "continuous monitoring" in 2015. From a report: The contractor, ZeroFox, identified McKesson and Elzie as posing a "high severity" physical threat, despite including no evidence that McKesson or Elzie were suspected of criminal activity. "It's been almost a decade since the referenced 2015 incident and in that time we have invested heavily in fine-tuning our collections, analysis and labeling of alerts," Lexie Gunther, a spokesperson for ZeroFox, told The Intercept, "including the addition of a fully managed service that ensures human analysis of every alert that comes through the ZeroFox Platform to ensure we are only alerting customers to legitimate threats and are labeling those threats appropriately."

The FBI, which declined to comment, hired ZeroFox in 2021, a fact referenced in the new 106-page Senate report about the intelligence community's failure to anticipate the January 6, 2021, uprising at the U.S. Capitol. The June 27 report, produced by Democrats on the Senate Homeland Security Committee, shows the bureau's broad authorities to surveil social media content -- authorities the FBI previously denied it had, including before Congress. It also reveals the FBI's reliance on outside companies to do much of the filtering for them. The FBI's $14 million contract to ZeroFox for "FBI social media alerting" replaced a similar contract with Dataminr, another firm with a history of scrutinizing racial justice movements. Dataminr, like ZeroFox, subjected the Black Lives Matter movement to web surveillance on behalf of the Minneapolis Police Department, previous reporting by The Intercept has shown.

The Courts

US Supreme Court Rejects US Student Loan Relief. President Biden Responds (cnn.com) 365

After a three-year pause, U.S. student loan repayments are set to resume on October 1st — just three months from today. But CNN reports that yesterday America's Supreme Court "struck down President Joe Biden's student loan forgiveness program, blocking millions of borrowers from receiving up to $20,000 in federal student debt relief."

"The court's 6 to 3 conservative majority held that the secretary of education did not have that authority under existing law," writes the Washington Post. The Guardian quotes President Biden's response: "I think the court misinterpreted the constitution."

CNN reports: No debt had been canceled, even though the Biden administration had received about 26 million applications for relief last year and approved 16 million of them. The forgiveness program, estimated to cost $400 billion, would have fulfilled a campaign promise of Biden's to cancel some student loan debt. But a group of Republican-led states and other conservative groups took the administration to court over the program, claiming that the executive branch does not have the power to so broadly cancel student debt in the proposed manner.

Critics also point out that the one-time student loan forgiveness program does nothing to address the cost of college for future students and could even lead to an increase in tuition. Some Democrats joined Republicans in voting for a bill to block the program. Both the Senate and the House passed the measure, but Biden vetoed the bill in early June...

The administration estimated that roughly 20 million borrowers would have seen their entire federal student loan balance wiped away.

UPDATE: CNBC reports the administration hasn't given up: President Joe Biden suggested on Friday that he was looking for another avenue to deliver student debt relief after the Supreme Court rejected his forgiveness plan.

"Today's decision has closed one path," Biden said during a briefing Friday. "Now we're going to pursue another."

A statement from the White House also points to other relief policies for students, noting for example that now "no one with an undergraduate loan has to pay more than 5 percent of their discretionary income." CNN reports: New rules set to take effect in July could broaden eligibility for the Public Service Loan Forgiveness program, which is aimed at helping government and nonprofit workers. And a new income-driven repayment plan proposal is meant to lower eligible borrowers' monthly payments and reduce the amount they pay back over time. The administration said this plan was finalized Friday and borrowers will be able to take advantage of it this summer, before loan payments are due. The Department of Education has also made it easier for borrowers who were misled by their for-profit college to apply for student loan forgiveness under a program known as borrower defense to repayment, as well as for those who are permanently disabled. Altogether, the Biden administration has approved more than $66 billion in targeted loan relief to nearly 2.2 million borrowers....

[T]he Biden administration said Friday that it will provide a 12-month on-ramp period for borrowers reentering payment... Borrowers will not be reported to credit bureaus, be considered in default or referred to collection agencies for late, missed or partial payments during the on-ramp period, according to a fact sheet from the White House.

AI

Congress To Consider Two New Bills On AI (reuters.com) 13

An anonymous reader quotes a report from Reuters: U.S. senators on Thursday introduced two separate bipartisan artificial intelligence bills on Thursday amid growing interest in addressing issues surrounding the technology. One would require the U.S. government to be transparent when using AI to interact with people and another would establish an office to determine if the United States is remaining competitive in the latest technologies. Senators Gary Peters, a Democrat who chairs the Homeland Security committee, introduced a bill along with Senators Mike Braun and James Lankford, both Republicans, which would require U.S. government agencies to tell people when the agency is using AI to interact with them. The bill also requires agencies to create a way for people to appeal any decisions made by AI.

"The federal government needs to be proactive and transparent with AI utilization and ensure that decisions aren't being made without humans in the driver's seat," said Braun in a statement. Senators Michael Bennet and Mark Warner, both Democrats, introduced a measure along with Republican Senator Todd Young that would establish an Office of Global Competition Analysis that would seek to ensure that the United States stayed in the front of the pack in developing artificial intelligence. "We cannot afford to lose our competitive edge in strategic technologies like semiconductors, quantum computing, and artificial intelligence to competitors like China," Bennet said.

Earlier this week, Senate Majority Leader Chuck Schumer said he had scheduled three briefings for senators on artificial intelligence, including the first classified briefing on the topic so lawmakers can be educated on the issue. The briefings include a general overview on AI, examining how to achieve American leadership on AI and a classified session on defense and intelligence issues and implications.
Further reading: Ask Slashdot: What Are Some Good AI Regulations?
It's funny.  Laugh.

Excel Spreadsheet Error Leads Austrian Party To Announce Wrong Leader (washingtonpost.com) 65

A major Austrian opposition political party on Monday corrected the results of a closely contested leadership election after it announced the wrong winner over the weekend due to a "technical" error: Someone had messed up an Excel spreadsheet. From a report: At a convention on Saturday, Austria's Social Democrats (SPO) declared that Hans Peter Doskozil, governor of the eastern Burgenland province, was the new leader of the center-left party. But on Monday, the party said Andreas Babler, a small-town mayor and lesser-known figure, had actually won, with about 52 percent of the votes. "Unfortunately, the paper ballots did not match the result that was announced digitally," Michaela Grubesa, head of the SPÃ- electoral commission, said a news conference. "Due to a colleague's technical error in the Excel list, the result was mixed up."

Those familiar with Microsoft's spreadsheet program, which is used by millions around the world, were quick to crack jokes, bringing wider attention to the error and ensuing chaos. Babler said at a news conference after his belated apparent victory that the commission should count the vote again for accuracy's sake, local media reported, adding that the debacle was "painful for everyone involved" and bad for the party's image.

Communications

Biden Names FCC Picks, Pushes for Democratic Majority at Deadlocked Agency (bloomberg.com) 40

President Joe Biden moved to lock in his first Democratic majority at the Federal Communications Commission, naming veteran government lawyer Anna Gomez to an open seat and proposing to extend the service of two current commissioners. From a report: The appointments poise the FCC, after more than two years of partisan deadlock under a Democratic chairwoman, to act on the party's priorities, including restoring net neutrality regulations. Such rules bar broadband providers from interfering with web traffic and were gutted by Republicans during the administration of President Donald Trump.

All three nominees, announced by the White House on Monday, need Senate confirmation. In addition to Gomez, Biden proposed a second five-year term for Democrat Geoffrey Starks, who otherwise would need to leave the agency at the end of the year. Biden also proposed another term for Republican Brendan Carr, who has been on the commission since 2017. Gomez's arrival would bring the agency to its full strength of five commissioners for the first time since January 2021, when Trump's Republican chairman departed, leaving the 2-to-2 split. An earlier Biden nominee withdrew amid opposition from Senate Republicans. FCC commissioners serve staggered five-year terms, and no more than three can be members of the president's party.

United States

Biden Intends To Pick Lawyer Anna Gomez for FCC To End Agency Deadlock (bloomberg.com) 37

President Joe Biden intends to select veteran government lawyer Anna Gomez to serve on the Federal Communications Commission and give the agency its first Democratic majority of his presidency, Bloomberg reported Thursday, citing a person briefed on the matter. From the report: Gomez's arrival would poise the FCC, after more than two years of partisan deadlock, to act on matters including restoring net neutrality rules that bar broadband providers from interfering with web traffic. Gomez's selection may be announced soon, said the person briefed on the matter, who declined to be identified because the matter hasn't been made public. The FCC has been split 2-to-2 along party lines since Biden's inauguration in 2021. An earlier nominee withdrew amid opposition from Senate Republicans. Gomez, with a long resume of Washington jobs including private law practice and work at two agencies, needs to win confirmation from the Senate where Democrats wield a narrow majority. Democrats including FCC Chairwoman Jessica Rosenworcel have said they support restoring net neutrality rules that bar broadband providers from unfairly manipulating web traffic. The FCC under Republican leadership in 2017 gutted rules adopted earlier by the agency.
United States

IRS Weighs Creating a Government-Run Tax-Prep Option (wsj.com) 167

The Biden administration is considering creating a government-run alternative to TurboTax and H&R Block, drawing resistance from Republicans and companies fearing a loss of business. From a report: Democrats and consumer advocates have been pushing for the Internal Revenue Service to offer free online tax filing on its website, particularly for people with straightforward returns. Their core argument: Tax-preparation companies charge middle-income Americans for what advocates think should be a free public service.

The companies, meanwhile, are boosting lobbying spending and leaning on lawmakers to fight a change that could shrink their revenue, and they are emphasizing free options already available for taxpayers. They see the changes under consideration as a first step toward an even bigger threat in which the IRS could use information it gets from employers and other sources to prepare a first draft of taxpayers' returns for them. The IRS is due to release a report this week on a possible Direct File system -- think TurboTax but on the agency's website -- and the Biden administration will then decide whether to pursue it.

The Internet

Colorado Kills Law That Made It Harder For Cities To Offer Internet Service (arstechnica.com) 63

Yesterday, Colorado eliminated a 2005 law that required local governments to hold an election before offering cable television or telecommunications service, "a process that pitted city and town leaders against well-funded broadband industry lobbying campaigns," reports Ars Technica. From the report: Gov. Jared Polis, a Democrat, signed a bill to eliminate that law yesterday. The bill had been approved by the State House in a 48-14 vote and in the Senate by a 31-4 vote. Both chambers have Democratic majorities, but the votes didn't go entirely along party lines; all of the "no" votes came from Republicans, but other Republicans joined Democrats in approving the bill. The bill signed by Polis "gives local governments the authority to provide broadband service, either on their own or by partnering with industry service providers, without holding a local election," the Governor's Office of Information Technology said.

"Each local government is in a unique position or different phase of connecting residents to high-speed Internet, and this bill allows them to establish broadband plans that meet the needs of their communities," Colorado Broadband Office Executive Director Brandy Reitter said. Going forward, cities and towns won't have to hold elections to opt out of the 2005 restriction on municipal broadband. A vote to opt out of the state law didn't guarantee that a city or town would build a network, but the vote was a necessary step and in some cases resulted in a municipal broadband service.

Your Rights Online

Colorado Governor Signs Tractor Right-to-Repair Law Opposed by John Deere (arstechnica.com) 115

mrflash818 writes: Colorado has enacted the nation's first state law guaranteeing farmers a right to repair tractors and other equipment themselves or at independent repair shops. Colorado Gov. Jared Polis, a Democrat, signed the bill yesterday. "I am proud to sign this important bipartisan legislation that saves hardworking farmers and ranchers time and money on repairs, and supports Colorado's thriving agriculture industry... Farmers and ranchers can lose precious weeks and months when equipment repairs are stalled due to long turnaround times by manufacturers and dealers. This bill will change that," Polis said.

The state House voted 46-14 in favor of the bill on April 11, while the Senate voted 21-12 on March 30. "The legislation advanced through long committee hearings, having been propelled forward mostly by Democrats even though a Republican lawmaker co-sponsored the bill," the Associated Press wrote. "The proposal left some GOP lawmakers stuck between their farming constituents pleading for the ability to repair their equipment and the manufacturers who vehemently opposed it." The law's requirements are scheduled to take effect on January 1, 2024. Farm equipment manufacturers will have "to provide parts, embedded software, firmware, tools, or documentation, such as diagnostic, maintenance, or repair manuals, diagrams, or similar information (resources), to independent repair providers and owners of the manufacturer's agricultural equipment," according to the legislature's summary of the Consumer Right To Repair Agricultural Equipment bill.

Government

US FTC Leaders Will Target AI That Violates Civil Rights Or Is Deceptive 30

Leaders of the U.S. Federal Trade Commission said on Tuesday the agency would pursue companies who misuse artificial intelligence to violate laws against discrimination or be deceptive. Reuters reports: In a congressional hearing, FTC Chair Lina Khan and Commissioners Rebecca Slaughter and Alvaro Bedoya were asked about concerns that recent innovation in artificial intelligence, which can be used to produce high quality deep fakes, could be used to make more effective scams or otherwise violate laws. Bedoya said companies using algorithms or artificial intelligence were not allowed to violate civil rights laws or break rules against unfair and deceptive acts. "It's not okay to say that your algorithm is a black box" and you can't explain it, he said.

Khan agreed the newest versions of AI could be used to turbocharge fraud and scams and any wrongdoing would "should put them on the hook for FTC action." Slaughter noted that the agency had throughout its 100 year history had to adapt to changing technologies and indicated that adapting to ChatGPT and other artificial intelligence tools were no different. The commission is organized to have five members but currently has three, all of whom are Democrats.
Democrats

Ukrainian Hackers Compromised Russian Spy Who Hacked Democrats In 2016 (reuters.com) 72

An anonymous reader quotes a report from Reuters: Ukrainian hackers claim to have broken into the emails of a senior Russian military spy wanted by the Federal Bureau of Investigation for hacking the Hillary Clinton campaign and other senior U.S. Democrats ahead of Donald Trump's election to the presidency in 2016. In a message posted to Telegram on Monday, a group calling itself Cyber Resistance said it had stolen correspondence from Lt. Col. Sergey Morgachev, who was charged in 2018 with helping organize the hack and leak of emails from the Democratic National Committee (DNC) and the Clinton campaign.

InformNapalm said in an article about the breach that it had confirmed Morgachev's identity by poring through personnel files and a curriculum vitae stolen by the hackers, including one document that identified him as a department head in Unit 26165 -- the same position which the FBI accused him of holding in 2018. [...] It wasn't immediately clear what information the hackers had managed to steal or how significant it was. Morgachev's inbox could potentially hold insight into Russia's hacking operations, including the operation against Clinton and the Democrats.

In its indictment, the FBI described him as an officer in the Russia's military spy agency, still known by its old acronym, GRU. It said his department was "dedicated to developing and managing malware," including the "X-Agent" spy software used to hack the DNC. In its message announcing the theft, the group said of Morgachev: "A very cool and clever hacker, but ... We hacked him."

The Almighty Buck

Tax Preparation Industry Alarmed Over Plan For IRS Free Tax-Filing System (nytimes.com) 235

An anonymous reader quotes a report from the New York Times: The Biden administration's $80 billion overhaul of the Internal Revenue Service is facing a new line of attack, this time from lobbyists representing tax preparers who fear that the agency's growing power will cripple their businesses and infringe upon taxpayer privacy. The fight is over a potential plan for the I.R.S. to create its own tax-filing system that would allow taxpayers to submit their returns directly to the federal government at no cost. That type of free service could diminish the need for those provided by tax preparation companies like H&R Block and TurboTax. The idea, which is still being studied, is stoking backlash from Republicans and business groups who argue that President Biden's plans to bolster the I.R.S. will give it even more power over ordinary taxpayers.

The I.R.S. received a giant infusion of money as a result of the Inflation Reduction Act, a sweeping climate and energy bill that Congress passed last year. That legislation set aside $15 million for the I.R.S. to conduct a study to determine how it could develop a program that would let Americans file their tax returns directly with the agency. The I.R.S. is expected in the coming days to release its plan for how it intends to spend the $80 billion that it was allocated as part of that legislation. Republican lawmakers have maintained firm opposition to the funding, which will help the agency hire 87,000 employees, and have been taking steps to claw it back. [...] Democrats have long pushed to make filing free for everyone, seeing that as a way to make the process easier and less costly. But that ambition could upend the business models of the multibillion-dollar tax preparation industry, which earns hefty fees for helping people navigate the tax code.

Several companies already provide free tax-filing services through the I.R.S. website to those who earn less than $73,000, and the agency provides forms that taxpayers who do not need any guidance can use to file their returns for free. Some other software platforms offer limited free services for simple tax returns that also do not offer guidance through the process. Initially, a tax-filing system developed by the I.R.S. would be similar to the existing free options. But proponents of the idea believe that over time it could evolve to become a more comprehensive system that would provide taxpayers with returns that are already filled out based on wage data that the I.R.S. tracks. At that point, taxpayers could just sign off on their returns as easily as responding "yes" to a text message.

Social Networks

Senator Rand Paul Opposes TikTok Ban Push in Congress (reuters.com) 138

Republican Senator Rand Paul on Wednesday opposed efforts in Congress to ban popular Chinese-owned social media app TikTok, which is used by more than 150 million Americans. From a report: A small but growing number of Democrats and Republicans have raised concerns, citing free speech and other issues and have objected to legislation targeting TikTok as overly broad. Republican Senator Josh Hawley said this week he hoped to get unanimous consent for a TikTok ban bill. "Congressional Republicans have come up with a national strategy to permanently lose elections for a generation: Ban a social media app called TikTok that 94 million, primarily young Americans, use," Paul said in an opinion piece published Wednesday in Louisville, Kentucky's Courier-Journal. "Before banning TikTok, these censors might want to discover that China's government already bans TikTok. Hmmm ... do we really want to emulate China's speech bans?" Paul added: "If you don't like TikTok or Facebook or YouTube, don't use them. But don't think any interpretation of the Constitution gives you the right to ban them."

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