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

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

Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.

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 ...

Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...

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 ...

As Congress fought over the spending bill, Republicans snuck in a passage to gut funding for the IRS. And Democrats didn’t ...

The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined ...

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 ...

Some states, such as Utah in 2013, have donated money to support national parks in their state during a shutdown. 9. The IRS could partially close if the government shuts down. As a result of ...

U.S. government services would be disrupted and hundreds of thousands of federal workers would be told not to work if Congress fails to extend funding past Friday. Workers deemed essential would ...

Lawmakers weren't in a giving mood toward the taxman as they passed a bill over the weekend to avert a government shutdown before ... when the IRS was allocated more funding through the Inflation ...