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Home Illinois News

Biden’s Budget Proposal Includes Major Expansion of IRS

Illinois Review by Illinois Review
June 21, 2021
in Illinois News
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UnnamedPresident Joe Biden’s budget proposal includes funding increases for several government agencies, including the Internal Revenue Service (IRS). Biden proposes to give the IRS $13.2 billion next year, an increase of $1.2 billion, or 10.4 percent, over this year’s appropriation.

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The IRS collects taxes and enforces tax policy in the United States. The funding increase is intended to intensify enforcement efforts. In a statement, Treasury Secretary Janet Yellen said the funding request would make things “fairer.”

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