The Internal Revenue Service will be losing about a quarter of its new funding from the Inflation Reduction Act once President Joe Biden signs the bill suspendi
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GOP 'Fealty to Megadonors on Full Display': IRS Cuts Will Cost $40 Billion in Lost Revenue'After holding our entire economy hostage and threatening to trigger a global financial meltdown, Republicans protected wealthy tax cheats and creepy billionaires,' said Sen. Sheldon Whitehouse.
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IRS Cuts in Debt Ceiling Deal Will Cost Over $40 Billion in Lost RevenueAn analysis from the Congressional Budget Office estimates that the $21.4 billion in IRS funding cuts that was agreed to as part of the debt ceiling agreement would result in $40.4 billion in lost tax revenue — adding to the federal budget deficit.
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'The public has an interest': Federal judge orders sheriff to release internal records on jail deathsThe county must turn over the reports within one week, so lawyers for the Union-Tribune and other news outlets can develop privacy protocols.
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Ross: IRS funding lost in debt limit bill, tax cheats rejoiceThe debt limit bill has passed the House, and it’ll probably pass the Senate. It was a classic bi-partisan compromise, and I was actually impressed by last night’s debate.
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Republicans get their IRS cuts, but Democrats say they expect little near-term impactHouse Republicans are seeking to make good on their campaign promise to rein in the IRS with cutbacks built into the debt ceiling and budget cuts package moving through Congress.
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Opinion | The IRS Wants to Do Your Tax PreparationFrom WSJopinion: Focusing on the long-neglected collections and enforcement process should be the priority for the IRS, not entering into the tax-preparation business, which is already functioning well, writes jasonaltmire
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