Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.
To avoid a government shutdown, the IRS lost out on $20 billion in funding, limiting its ability to track down tax dodgers.
Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...
As Congress fought over the spending bill, Republicans snuck in a passage to gut funding for the IRS. And Democrats didn’t ...
The GOP assault on the revenue collecting agency's funding could exacerbate wait times and balloon the deficit.
The battle over enhanced funding for the IRS took a new twist in December as Republican lawmakers set up another $20 billion ...
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 marginal rates for tax year 2025 are as follows: In 2026, for the tax year 2025, the standard deduction will get a $400 ...
Donald Trump's election with Republican majorities in Congress likely means less funding for tax enforcement. That will hurt ...
Congressional Democrats had hoped to preserve the IRS’s resources during innumerable rounds of negotiations around the government shutdown, Rep. Rosa DeLauro (Connecticut), the top Democrat on ...