The IRS Just Lost Billions. Here's What That Means For Your Taxes
To avoid a government shutdown, the IRS lost out on $20 billion in funding, limiting its ability to track down tax dodgers.
Crooks and Liars14h
Republicans Just Slashed IRS Funding In Shutdown Deal
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 ...
Congress strips IRS of another $20B in averting government shutdown
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 ...
WDRB2d
Congress strips IRS of additional $20 billion while averting government shutdown
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.
USA Today2d
Fact-check: Past government shutdowns cost the U.S. economy billions
In a video, Jacobs added that a government shutdown wouldn’t hurt Musk and Trump, both billionaires, as it would "everyday ...
Hosted on MSN3d
Trump Pushes Supreme Court to Block TikTok Ban: Will ByteDance Be Forced to Sell or Face Shutdown?
Donald Trump's involvement in the TikTok issue stems from his actions as President of the United States in 2020. Back then, ...
Fortune3d
Daylight savings could actually come to an end if Elon Musk and Vivek Ramaswamy’s new government efficiency board has its way
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 ...
New Republic4dOpinion
Republicans Quietly Kill Office to Combat Foreign Propaganda
Republicans in Congress have helped axe a critical State Department agency, just as Donald Trump is set to take office.
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.
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Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...
Hosted on MSN5d
Republicans Quietly Axed IRS Funding While No One Was Looking
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 ...