IRS Risks Losing Access to $20 Billion in Tax Enforcement Funds

A budgetary anomaly in September’s continuing resolution (CR) that keeps the government funded through December inadvertently duplicates an earlier cut.

The Internal Revenue Service (IRS) building in Washington on June 28, 2023. Madalina Vasiliu/The Epoch Times

The Internal Revenue Service (IRS) faces a $20 billion funding gap for its tax enforcement activities due to what U.S. Treasury officials on Tuesday described as a legislative anomaly linked to a prior budget deal.

Treasury Deputy Secretary Wally Adeyemo said on a Nov. 26 call with reporters that the latest September stopgap funding bill that is keeping the U.S. government funded through Dec. 20 inadvertently duplicated a one-time $20 billion cut to IRS enforcement funding previously agreed upon in bipartisan negotiations on Capitol Hill.