Congress revoked an additional $20 billion from the Internal Revenue Service last week when lawmakers averted a government ...
Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...
The GOP assault on the revenue collecting agency's funding could exacerbate wait times and balloon the deficit.
As Congress fought over the spending bill, Republicans snuck in a passage to gut funding for the IRS. And Democrats didn’t ...
The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined ...
WASHINGTON -- Congress stripped the IRS of an additional $20 billion last week when averting the government shutdown. Originally, congressional Democrats had given the IRS $80 billion in the 2022 ...
Congressional Democrats had hoped to preserve the IRS’s resources during innumerable rounds of negotiations around the government shutdown, Rep. Rosa DeLauro (Connecticut), the top Democrat on ...
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.
Republicans quietly made massive progress on their goal to defund the IRS in a last-minute package to avoid a government shutdown. Through the continuing resolution passed last week, funding the ...