Early in Trump's term, the federal government again will bump up against the cap on how much money the federal government can borrow to pay for spending Congress already approved. During President Joe ...

Donald Trump's election with Republican majorities in Congress likely means less funding for tax enforcement. That will hurt ...

The highly contentious partisan fight in Congress over federal spending is creating a strong possibility of a government ...

To avoid a government shutdown, the IRS lost out on $20 billion in funding, limiting its ability to track down tax dodgers.

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 ...

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 ...

Donald Trump’s diehard MAGA fans are irritated by his recent statement on the passing of former President Jimmy Carter.

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.

Government offices and economic analysts found that previous full and partial government shutdowns cost the U.S. multiple ...

Republicans in Congress have helped axe a critical State Department agency, just as Donald Trump is set to take office.

The GOP assault on the revenue collecting agency's funding could exacerbate wait times and balloon the deficit.

Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...