In a bid to address a projected $27 million budget deficit, the University of Michigan's athletic department will reduce staff by 10% while allocating funds to pay student-athletes. Athletic director Warde Manuel outlined cost-cutting measures and new revenue strategies in a letter to supporters.
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The Trump administration plans a drastic 20% cut to the IRS workforce, risking tax compliance and revenue generation just a month after Tax Day. How will this affect your tax returns?