White House Budget Proposes Cuts to DOL, IRS

TL/DR –

The article discusses the impact of budget cuts on a particular agency, which saw a 27% reduction in its program and staffing. It also mentions the passage of the Inflation Reduction Act, which allocated funds to different organizations. The Act designated $80 billion to the IRS, with $54 billion specifically apportioned from this sum.


Following significant cutbacks, staffing levels at a key agency have contracted by 27%, leading to a reduction in the core program. As part of the Inflation Reduction Act, $80 billion was earmarked for the IRS, with the majority of the funds ($54 billion) being specifically allocated for this purpose.


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