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Just dropped · Trial Balloon · Ep. 194

What Just Happened?

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Trial Balloon · Ep. 194: What Just Happened?

Layoffs to Hit IRS

February 15, 2025 · 6:53 am ET · Leave a Comment

“The Trump administration is expected to begin laying off thousands of employees at the Internal Revenue Service, six people briefed on the matter said, as billionaire Elon Musk’s team begins to target tax collections,” the Washington Post reports.

“Treasury officials have discussed laying off roughly 9,000 employees still in their probationary period as part of broader dismissals across the government of recently hired workers… That number could not be immediately confirmed, and spokespeople both for the IRS and Treasury declined to comment. The cuts could start as soon as Friday.”

“The layoffs are likely targeting tax collection… Indeed, associates of Musk’s team are beginning to meet with high-ranking IRS officials about what could prove dramatic changes to the tax agency.”

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Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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