Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.
Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...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 ...
To avoid a government shutdown, the IRS lost out on $20 billion in funding, limiting its ability to track down tax dodgers.
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 ...
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 ...
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 have long targeted the tax agency, and their cuts will hurt its efforts to go after rich tax evaders and improve the IRS’s functionality. It’s their second successful cut from President ...
With the threat of a government shutdown looming, many Rhode Islanders have been left wondering how it might affect them.
Lawmakers have until Friday at midnight to pass a spending package to keep the government open. House passes bill to avert ...
KANSAS CITY, Mo. — IRS workers say when a a government shutdown looms, they grow anxious. But Friday evening, the House ...