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DOGE proposes slashing Internal Revenue Service staff by 20%

cryptoweekly by cryptoweekly
March 13, 2025
in bitcoin, News
0

According to Elon Musk, DOGE has already identified over $500 billion in fraudulent spending in entitlement programs.

The Department of Government Efficiency (DOGE) is reportedly proposing cutting the Internal Revenue Service’s (IRS) workforce by 20% in a change expected to take effect by May 15, 2025.

According to CNN, the cuts would impact an estimated 6,800 employees at the government agency, in addition to the 6,700 probationary employees who have already been let go and 4,700 IRS agents who were given severance packages to retire.

However, a recent ruling from US district judge William Alsup ordering federal agencies to reinstate probationary workers terminated due to the DOGE cost-cutting programs could hinder the layoffs if the order is not overturned.

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Recent Posts
  • ETH trading pattern points to 100% rally to $5,000: What are the odds?
  • Bitcoin holds steady as major catalysts align for breakout above $110K
  • Spanish authorities arrest five people in $541M crypto fraud case
  • US Supreme Court will not review IRS case involving Coinbase user data
  • Bitcoin ‘demand generation’ phase mirrors 2022 market bottom: Are new highs incoming?
  • Price predictions 6/30: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE
  • First US staking ETF to launch Wednesday, giving investors exposure to Solana

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