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The Latest Breaking News from IRS

Biden signs climate, drug prices bill into law, another legislative triumph in a moment of democratic peril

WASHINGTON — At a moment when American democracy looks increasingly vulnerable, President Joe Biden and Democrats pointed to their third landmark bill as evidence that American government is working once again.

Los Angeles Times

What’s in big Biden bill? Health, climate goals become law

Democrats’ “Inflation Reduction Act” may not do much to immediately tame inflationary price hikes. But the package, an election year turnaround after loftier versions collapsed, will touch countless American lives and secure longtime party goals.

Chicago Sun-Times

Biden signs $740bn health, climate, tax ‘Inflation Reduction Act’

The sweeping legislation includes the largest investment to fight climate change in US history.

Al Jazeera

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How will the Inflation Reduction Act change the IRS?

The Inflation Reduction Act would double the number of employees and expand the auditing capacity of the IRS.

USAFacts

Biden signs major climate, health care and tax bill into law - Roll Call

President Joe Biden signed major legislation aimed at fighting climate change and lowering health care costs.

Roll Call

What's in big Biden bill? Health, climate goals become law

President Joe Biden arrived at the White House promising to “build back” America, and on Tuesday he's signing into law legislation with a slimmer version of that idea

The Independent UK

Kari Lake relishes "Big DeSantis Energy"

Far-right Arizona candidate honors Ron DeSantis' manly attributes — oh, and embraces his extremist agenda too

Salon

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VinFast To Give Buyers $7,500 Discount If Federal Tax Credit Denied

VinFast buyers who are denied the tax credit even though they signed a binding contract with the automaker will automatically qualify for the $7,500 discount.

InsideEVs

Community health centers’ big profits raise questions about federal oversight

DARLINGTON, South Carolina — Just off the deserted town square, with its many boarded-up businesses, people lined up at the walk-up pharmacy window at Genesis Health Care, a federally funded clinic.

Tribune News Service

Commentary: Stop scapegoating the IRS

The ink is barely dry on the recently enacted Inflation Reduction Act, which allocates $80 billion over 10 years to help modernize IRS technology systems and provide more effective tax enforcement and collection. Yet already, Republican critics like Sen. John Thune of South Dakota are complaining that the needed funds…

Tribune News Service

Congress prods IRS to fix tax-return backlog, improve customer service

WASHINGTON — U.S. lawmakers are pressing the IRS to explain how it plans to relieve a backlog of tax returns that have delayed refunds and to detail what measures it’s taking to improve customer service.

Tribune News Service

GOP 'message laundering' turns violent, extremist reactions to search of Trump's Mar-a-Lago into acceptable political talking points

After the FBI completed a lawful search of former president Donald Trump’s Mar-a-Lago estate on Aug. 8, 2022, conservative politicians responded with one of three strategies: silence, circumspection and attack.

The Conversation

"87,000 IRS agents," guns and the GOP

The latest GOP lie isn't just a distraction — it's feeding the violent fantasies of the insurrectionist right

Salon

Something Upon Which Americans Can Agree: The FBI and the IRS Suck

Tax collectors and federal cops have always been rotten to the core.

Reason

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The Independent UK

Some Capitol rioters try to profit from their Jan. 6 crimes

Some of the rioters who stormed the U.S. Capitol on Jan. 6, 2021, are trying to profit from their participation in the deadly insurrection while they face the legal consequences for their crimes

WEKU

The IRS just got $80 billion to beef up. A big goal? Going after rich tax dodgers

The big climate and health care bill passed by the House Friday includes billions in new funding for the IRS over the next decade. Most of that money is aimed at catching wealthy tax cheats.

Salon

How Chris Christie created a monster

Former New Jersey governor may want distance from Trump now — but he was happy to be Trump's 2016 attack dog

The Independent UK

Expanded IRS free-file system one step closer in Dems' bill

The flagship climate change and health care bill passed by Democrats and soon to be signed by President Joe Biden will bring U.S. taxpayers one step closer to a government-operated electronic free-file tax return system

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Al Jazeera

US Congress passes spending bill in win for Biden administration

The bill has breathed life into the Democratic Party’s ambitions to retain control of Congress in upcoming elections.

Reason

Congress Just Passed the Inflation Reduction Act. It Will Hike Taxes on Some Middle-class Households.

It also spends billions on new green energy programs, and it lets the IRS hire 87,000 new agents.

The Independent UK

Elon Musk uses ‘laughing in British’ meme to mock Biden plan to hire more tax collectors

The Tesla and SpaceX tycoon echoed conspiratorial Republican attacks on Democrats’ efforts to tighten tax enforcement against the rich

Reason

Don't Believe the White House's Promises About Who the New IRS Will Audit

Media "fact-checkers" are taking administration promises at face value and using them to bludgeon Republicans.

Roll Call

Budget bill clears as Democrats seek to head off midterm losses - Roll Call

The House on Friday cleared a climate, health and tax package salvaging key parts of Democrats’ domestic agenda.

The Independent UK

House Dems set to overcome GOP for climate, health care win

A flagship Democratic economic bill is perched on the edge of House passage

Chicago Sun-Times

New report reveals Obama Foundation fundraising dips; CEO Valerie Jarrett paid $592,905 in 2021

The Obama Foundation reported on its new IRS 990 that in 2021, the foundation collected $159.6 million, down from $171 million in 2020.

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