IRS Recovers $1.3B in Unpaid Taxes
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federal budget deficitVOA
•US IRS enforcement efforts recover $1.3 bln in unpaid taxes, Treasury says
72% Informative
New enforcement initiatives funded by $60 billion in IRS modernization spending from climate-focused Inflation Reduction Act .
Republicans in Congress have long vowed to rescind the 10-year IRS funding passed in 2022 .
The IRS has planned to spend about $10.6 billion of those funds through the 2024 fiscal year , leaving nearly $50 billion that could be recouped.
VR Score
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