Tuesday, July 15, 2014
Bloomberg: IRS Budget Sliced 13% as U.S. House Constrains Tax Agency:
The House of Representatives voted to cut the IRS’s budget by $1.14 billion in another blow to the tax agency. ... The changes would leave the IRS with a budget of $9.8 billion for the fiscal year that starts Oct. 1, 13 percent below this year’s funding level and 21 percent below the administration’s request.