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Which sector will first receive reallocated funds from the IRS budget freeze by end of 2025?
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Official government budget reports or announcements
Story
Trump Signs Executive Order for Temporary IRS Hiring Freeze, Targeting $80 Billion from Inflation Reduction Act
Jan 20, 2025, 11:55 PM
President Donald Trump has announced a temporary hiring freeze for IRS agents through an executive order signed on January 20, 2025. This action reverses a key initiative from the previous administration, targeting the $80 billion allocated under the Inflation Reduction Act for IRS expansion. The freeze will remain in effect for the IRS until the Secretary of the Treasury, in consultation with the Director of the Office of Management and Budget (OMB) and the Administrator of the United States Digital Service (USDS), determines that it is in the national interest to lift it.
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