Which is to say, the speaker has acknowledged that the accounting shenanigans used to get this bill passed in the teeth of statutory spending constraints are basically bullsh**. But thereâs a lot of bullsh** going around Washington just now.
So then I tried the âlittle debtsâ approach. You knowâ¦ Pay off the smallest debt, then take the payment you were making on that and put it against the next debt. Thatâs often called the debt snowball, and the idea behind it is that seeing that âwinâ early is supposed to motivate you.
A monthly payment plan is generally the easiest way to pay off any large debt, even a tax liability, and you can indeed make arrangements with the Internal Revenue Service to pay off any taxes you owe this way. The IRS offers four different types of installment agreements, all of them subject to certain rules.