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Keyword: irsfunding

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  • Congress has just revoked another $20 billion in funding from the IRS — here’s why that’s a problem for all Americans

    01/09/2025 1:02:00 PM PST · by where's_the_Outrage? · 49 replies
    moneywise ^ | Dec 19, 2024 | Christy Bieber
    When the IRS starts asking for money, many Americans get nervous. This time, though, the Internal Revenue Service isn’t trying to collect additional funds from taxpayers. Instead, Treasury Officials are asking Congress to provide access to $20 billion in funding that was lost due to an error in legislative language. The Inflation Reduction Act of 2022 included $79.4 billion in funding for the IRS — $1.4 billion of which was rescinded to raise the debt ceiling last year. These cuts reduced the budget of the enforcement division by $20 billion. Unfortunately, the legislative language was duplicated in error in a...
  • Did the New York Times Just Stumble Across an IRS Motive for Targeting the Tea Party?

    07/09/2014 4:41:35 AM PDT · by Texas Eagle · 38 replies
    redstate.com ^ | 7/8/14 | Matthew Clark
    In its latest liberal rant coming to the aid of the IRS – that poor defenseless government leviathan – it repeats the same tired leftist talking points about the root of all the IRS’s problems being that it doesn’t have enough money. Yet in doing so, it may have just stumbled across a new motive behind the targeting, good old-fashioned revenge. He’s what the New York Times calls the “real scandal”: There is a scandal going on at the Internal Revenue Service, but it has nothing to do with Lois Lerner or her missing emails. . . . No, the...