IRS Spared From Cuts as Agency Seeks Revenue From Tax Cheats

The Internal Revenue Service avoided a $603 million budget cut proposed by House Republicans, preventing changes that could have cost the government $4 billion in uncollected revenue.

Under the proposed spending bill released today, the IRS budget for fiscal year 2011 would be $12.1 billion, or 0.2 percent less than in fiscal 2010. That level would subject the IRS to the same across-the-board funding cut as all domestic, non-defense agencies.