trending:

sponsored:

Just In

my link text Load more
Video

Watch live: IRS chief testifies on 2024 budget request before Senate panel 

by TheHill.com - 04/19/23 10:03 AM ET
by TheHill.com - 04/19/23 10:03 AM ET

Daniel Werfel, commissioner of the Internal Revenue Service, is slated to testify Wednesday morning before the Senate Finance Committee regarding President Biden’s 2024 budget request and the 2023 filing season.

Biden has requested $14.1 billion for the IRS, a roughly 15 percent increase from the previous year, which the Treasury says will allow it to continue its services and operations as well as improve some components of the agency, such as IT capabilities and staffing levels, according to the budget document.

The Biden administration has also pressed for an additional more than $29 billion for IRS enforcement funds.

The Wednesday hearing is scheduled for 10 a.m. ET.

Tags 2024 budget 2024 budget Finance IRS IRS IRS IRS commissioner Joe Biden President Joe Biden Senate Senate Senate Treasury United States Washington D.C.

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed..

 

Main Area Top ↴

Testing Homepage Widget

More Video News

See All

See All

 

Main Area Middle ↴
Main Area Bottom ↴

Top Stories

See All

See All
Sidebar Top ↴

Most Popular

  1. Marjorie Taylor Greene stumps for Steve Bannon as he reports to prison
  2. Stock market today: Asian stocks track Wall Street gain with Nvidia report and ...
  3. House passes bill that would allow Treasury to target nonprofits it deems to ...
  4. Cutting in line? American Airlines’ new boarding tech might stop you at now ...
  5. Canada’s Irving Tissue plans a $600 million factory expansion in ...
  6. Oil company Phillips 66 faces federal charges related to alleged Clean Water ...
  7. Average rate on a 30-year mortgage in the US rises to highest level since July
  8. Stock market today: Wall Street rises with Nvidia as bitcoin bursts above ...
  9. US intelligence warns defense companies of Russian sabotage threat
  10. SEC Chair Gary Gensler, who led US crackdown on cryptocurrencies, to step down
  11. Airline CEOs and Transportation Secretary Buttigieg fight over regulations even ...
  12. Bitcoin is at the doorstep of $100,000 as post-election rally rolls on
  13. US home sales rose in October, notching their first annual gain in more than 3 ...
  14. UK and France open bribery and corruption probe into French defense firm Thales
  15. US ahead in AI innovation, easily surpassing China in Stanford’s new ranking
  16. What will happen to CNBC and MSNBC when they no longer have a corporate ...
  17. US applications for jobless benefits fall to 213,000, remaining near 7-month ...
  18. Federal Reserve’s likely slowdown in rate cuts could disappoint borrowers
Load more

 

Sidebar Middle ↴
Sidebar Bottom ↴

Video

See all Video