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https://www.wsj.com/articles/debt-ceiling-deal-will-cost-the-irs-up-to-21-4-billion-2732d58e

Debt-Ceiling Deal Will Cost the IRS Up to $21.4 Billion

Bipartisan agreement rescinds some of the money the tax agency is using for enforcement and technology

By Richard Rubin
The IRS is set to lose money that was supposed to help protect the agency from the volatile annual budgeting cycle. Photo: mandel ngan/Agence France-Presse/Getty Images

WASHINGTON—The Internal Revenue Service will lose up to $21.4 billion from its $80 billion expansion fund as part of the bipartisan debt-limit deal, as Republicans got President Biden to pare back one of his top accomplishments. 

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.