The Biden administration said these cuts could add $140 billion to national debt over the next decade by weakening the IRS's ability to catch wealthy tax evaders.
Donald Trump's involvement in the TikTok issue stems from his actions as President of the United States in 2020. Back then, ...
President-elect Donald Trump placed Elon Musk and Vivek Ramaswamy in charge of the new government efficiency agency and now the two are eyeing ending time changes ...
The GOP assault on the revenue collecting agency's funding could exacerbate wait times and balloon the deficit ...
Republicans in Congress have helped axe a critical State Department agency, just as Donald Trump is set to take office.
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Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...
During last week’s negotiations to avert a government shutdown, Congress quietly slashed $20 billion from the Internal Revenue Service. Republicans have long targeted the tax agency, and their cuts ...
The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined $20.2 billion.