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Former IRS Commissioner Danny Werfel on why the Trump admin did not appoint a new IRS lead
CNBC Television· 2025-10-07 12:51
Joining us to discuss the implications for the agency, taxpayers, tax collection, all of it, Danny Worl, the former IRS commissioner in the Biden administration. He's now an executive in residence at John's Hopkins University School of Government and Policy. Danny, it's great to see you again.So, why did why do you think they structured this job this way. Why not create a new new commissioner or appoint one. >> Well, I think right now it's crunch time uh at the IRS.They have to get ready for uh filing seaso ...
Why government shutdowns can be expensive for American taxpayers
CNBC Television· 2025-10-02 22:01
So often when we talk about Congress funding or not funding the federal government, there's this other discussion that usually happens about how much we're spending and whether a shutdown can save the government money. But actually, from what we've seen, shutdowns can cost taxpayers. Take the 2013 shutdown.The White House estimated the government lost $10 million because they weren't collecting fees and charges that they otherwise would have. and another 2.5% billion was given as backay to furlowed employee ...
X @Bloomberg
Bloomberg· 2025-09-26 10:44
The Trump administration’s $20 billion lifeline for Argentina could still carry risks for US taxpayers https://t.co/U2MssHqhAU ...
X @Mike Benz
Mike Benz· 2025-08-29 14:28
RT Secretary Marco Rubio (@SecRubio)I joked with @POTUS that I had four jobs. He told me to give one to my friend @RussVought47. So I did.Since January, we’ve saved the taxpayers tens of billions of dollars. And with a small set of core programs moved over to the State Department, USAID is officially in close out mode. Russ is now at the helm to oversee the closeout of an agency that long ago went off the rails. Congrats, Russ. ...
X @The Wall Street Journal
The Wall Street Journal· 2025-08-14 02:42
A growing number of blue cities and states across the country, from Washington state to Rhode Island, are looking at ways to wring more revenue from their richest taxpayers https://t.co/c0RsjHNyRI ...
X @Investopedia
Investopedia· 2025-08-07 12:00
Thanks to the One Big Beautiful Bill ACT (OBBBA), some taxpayers can now take greater advantage of the state and local tax deduction, known as SALT. We connected with experts to see who will benefit from this new change and who won't. https://t.co/KyxO1ZhU2j ...
X @Bloomberg
Bloomberg· 2025-07-23 11:25
Treasury Department and a downsized IRS face a ‘perfect storm’ as taxpayers and employers seek details regarding Trump’s "Big Beautiful Bill" https://t.co/eR2LdD6yUO ...