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IRS, Republicans
Republicans quietly cut IRS funding by $20 billion in bill to avert government shutdown
The GOP assault on the revenue collecting agency's funding could exacerbate wait times and balloon the deficit
Congress stripped IRS of another $20 billion in government shutdown fight
Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.
Republicans succeed in clawing back more IRS tax-cheat enforcement funds. For now.
The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined $20.2 billion.
Republicans strip IRS of another $20b in government shutdown fight
Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 billion as part of a 2023 budget deal.
Republicans Quietly Axed IRS Funding While No One Was Looking
Amid the chaos of the shutdown fight, Republicans snuck in a passage to gut funding for the IRS. And Democrats didn’t catch it.
With A Government Shutdown Deadline Looming, IRS Funding Hangs In The Balance
Without a vote by December 20, funding will run out for several government agencies. If Congress votes to extend current funding levels, the IRS could lose billions.
2d
on MSN
The IRS is about to lose $20 billion in funding unless 1 thing happens soon — here’s what needs to be done and why that’s a problem for all Americans
When the IRS starts asking for money, many Americans get nervous. This time, though, the Internal Revenue Service isn’t ...
1d
Other voices: Reducing the IRS enforcement budget is bad policy
The fantasy that some political actors painted of armed IRS agents going door-to-door clawing away families’ hard-earned cash ...
Hosted on MSN
23h
Biden Shelled Out $80B For IRS Enforcement, Congress Has Already Pulled Back Half Of It
Congress rescinded tens of billions of dollars from a government agency in December that Republicans have long accused of ...
8m
on MSN
DOGE Federal Budget Overhaul: Musk and Ramaswamy’s $2 Trillion Plan to Transform Government Spending
Elon Musk and Vivek Ramaswamy, now leading the Department of Government Efficiency (DOGE), have unveiled a sweeping plan to ...
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Republican Party
Internal Revenue Service
United States Congress
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