DOGE Federal Budget Overhaul: Musk and Ramaswamy’s $2 Trillion Plan to Transform Government Spending
Elon Musk and Vivek Ramaswamy, now leading the Department of Government Efficiency (DOGE), have unveiled a sweeping plan to ...
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Trump’s expiring 2017 tax cuts made income inequality worse and especially hurt Black Americans: study
The Tax Cuts and Jobs Act, a set of tax cuts Donald Trump signed into law during his first term as president, will expire on ...
Republicans quietly cut IRS funding by $20 billion in bill to avert government shutdown
The GOP assault on the revenue collecting agency's funding could exacerbate wait times and balloon the deficit ...
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Biden Shelled Out $80,000,000,000 For IRS Enforcement. Congress Has Already Revoked Half Of It.
Congress rescinded tens of billions of dollars from a government agency in December that Republicans have long accused of being weaponized against taxpayers and corporations. Lawmakers’ stopgap ...
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Biden Shelled Out $80B For IRS Enforcement, Congress Has Already Pulled Back Half Of It
Congress rescinded tens of billions of dollars from a government agency in December that Republicans have long accused of ...
KLBK Lubbock on MSN1d
DOGE committee will look for ways to slash trillions in spending
The year may be winding down but for Team Trump, the transition to the White House is in high gear, that includes tech billionaire Elon Musk's DOGE initiative to dismantle parts of the federal ...
The Bond Buyer1d
Outlook 2025: future of tax policy causing concern
The new Congress will have a full plate including deciding the fate of the Tax Cuts and Jobs Act and Internal Revenue Service ...
Republicans strip IRS of another $20b in government shutdown fight
Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...
Other voices: Reducing the IRS enforcement budget is bad policy
The fantasy that some political actors painted of armed IRS agents going door-to-door clawing away families’ hard-earned cash ...
Republicans Quietly Axed IRS Funding While No One Was Looking
Amid the chaos of the shutdown fight, Republicans snuck in a passage to gut funding for the IRS. And Democrats didn’t catch ...
Republicans succeed in clawing back more IRS tax-cheat enforcement funds. For now.
The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined $20.2 billion.