IRS gets $80B to rebuild its capacity under Senate reconciliation deal

Published: July 29, 2022, 1:23 p.m.

The IRS gets another shot at long-term investment in its enforcement and taxpayer services. The budget reconciliation package announced Wednesday night by Senate Majority Leader Chuck Schumer (D-N.Y.) and Sen. Joe Manchin (D-W.Va.) would give the IRS $80 billion over the next 10 years, with a focus on tax enforcement.\nLearn more about your ad choices. Visit podcastchoices.com/adchoices