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

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 ...

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Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...

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

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 ...

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 ...

The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined $20.2 billion.

The United States is facing yet another government shutdown — this time right before Christmas. What happens and who is impacted when the government stops paying?

After days of heated negotiations on Capitol Hill, the House passed its funding bill to prevent a government shutdown Friday ...

20, 2024. (AP Photo/J. Scott Applewhite) Speaker of the House Mike Johnson, R-La., talks to reporters after passing the ...