Please join the Center for American Progress for an event featuring former U.S. Treasury Secretary Lawrence H. Summers and an expert panel on the importance of adequate funding for tax enforcement and administration in the federal budget.
Senior Vice President, Inclusive Growth, Center for American Progress
The Internal Revenue Service is essential for funding the basic public services provided by the U.S. government. Yet reported staffing cuts could cost the federal government about one trillion dollars in revenue over the next decade—largely from unpaid taxes by the wealthiest Americans and corporations. The Trump administration and the Department of Government Efficiency (DOGE) could reduce IRS staff by 40 percent to 50 percent, according to recent reporting. Already during this administration, thousands of IRS employees have taken early retirement, deferred resignation, or voluntary separation or were targeted by the first reduction in force.
Please join Neera Tanden, president and CEO of the Center for American Progress, in conversation with former U.S. Treasury Secretary Lawrence H. Summers on the importance of adequate funding for tax enforcement and administration in the federal budget. The conversation will be followed by a panel discussion among experts on tax and budget policy.
