Yellen: Cutting IRS Funding Is ‘Damaging and Irresponsible’

Heading into the 2023 tax filing season, Treasury Secretary Janet Yellen laid out the IRS’s priorities.

Treasury Secretary Janet Yellen speaks about goals for the 2024 tax filing season at the IRS headquarters in Washington on Nov. 7, 2023. Stefani Reynolds/AFP via Getty Images

Cutting funding to the IRS would be a “damaging and irresponsible” policy that would negatively affect U.S. taxpayers, Treasury Secretary Janet Yellen says.

Ms. Yellen took aim on Nov. 7 at a House Republican-led proposal that would rescind $14.3 billion from the tax-collecting agency to cover the cost of an emergency aid package for Israel following the deadly Hamas terrorist attacks.