President JoeBiden taps Bush and Obama alumnus to be next IRS chief
Former President Barack Obama tapped Werfel to serve as interim IRS commissioner in 2013 in response to the controversy surrounding the department's targeting of conservative nonprofit organizations. Prior to that, he oversaw the Bush administration's implementation of 2008's Emergency Economic Stabilization Act and most recently helped launch Boston Consulting Group's U.S. public sector practice.
Biden himself has stated that no household earning less than $400,000 per year will be adversely affected by his economic proposals. Following the midterm elections, the president has vowed to increase his efforts to fight inflation and extended an olive branch to congressional Republicans on the issue after he returns from a weeklong trip to North Africa and Asia."I will work with anyone, Democrat or Republican, on ideas to provide more breathing room to middle-class and working families," he said in a statement reacting to Thursday's new inflation numbers.
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