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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
Congress revoked an additional $20 billion from the Internal Revenue Service last week when lawmakers averted a government shutdown, a cut that may undo many of President Joe Biden’s efforts to improve customer service at the tax agency and train fresh scrutiny on wealthy tax cheats.
Opinion
Republicans Quietly Axed IRS Funding Amid Government Shutdown Chaos
As Congress fought over the spending bill, Republicans snuck in a passage to gut funding for the IRS. And Democrats didn’t catch it.
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Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 billion as part of a 2023 budget deal.
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.
4d
on MSN
Shutdown deal cost IRS $20 billion to probe for tax cheats, maybe for good
The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined ...
7d
How a U.S. government shutdown could have impacted your benefits and services
The U.S. government faced the threat of a shutdown if Congress didn't pass a spending bill before Dec. 21, 2024. Here's a ...
9d
on MSN
Explainer-US government shutdown: What closes, what stays open?
U.S. government services would be disrupted and hundreds of thousands of federal workers would be told not to work if Congress fails to extend funding past Friday. Workers deemed essential would ...
KSHB Kansas City
7d
IRS workers anxious as Congress considers stopgap spending bill to keep the government open
KANSAS CITY, Mo. — IRS workers say when a a government shutdown looms, they grow anxious. But Friday evening, the House ...
8d
on MSN
A Government Shutdown Could Cost the U.S. Economy $6 Billion a Week, According to EY's Chief Economist
"We estimate that each week of a government shutdown will cost the U.S. economy $6 billion," says EY Chief Economist Gregory ...
8d
What a government shutdown will mean for you
Unless a spending bill can be passed by a midnight deadline, the government will shutdown in the early hours Saturday. Here’s ...
2h
Bench Shutdown Disrupts Thousands, Impacts Tax Filing
Income Tax e-filing faces major disruption as income tax e-filing portal goes down. Thousands of taxpayers impacted, deadline ...
2d
on MSN
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 ...
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Related topics
Republican Party
United States Congress
Joe Biden
Internal Revenue Service
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