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

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Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...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

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.

Congress revoked an additional $20 billion from the Internal Revenue Service last week when lawmakers averted a government shutdown, a cut that may undo ... Biden and congressional Democrats gave the ...

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 ...

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

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.