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IRS, Republicans

Hosted on MSN · 20h

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

The Washington Post on MSN · 2d

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.

MarketWatch on MSN · 2d

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.

The Boston Globe · 1d

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Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 billion as part of a 2023 budget deal.

The New Republic on MSN · 1d

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.

2don 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 MSN23h

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Congress rescinded tens of billions of dollars from a government agency in December that Republicans have long accused of ...

9d

The IRS is set to lose $20B unless the Biden administration acts — why it could be a problem for all Americans

Although you may not be too sympathetic to the plight of the IRS, the reality is that the loss of these funds is likely to ...

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