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  • Alan Rappeport

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Once a G.O.P. Rallying Cry, Debt and Deficits Fall From the Party’s Platform

Fiscal hawks are lamenting the transformation of the party that claimed to prize fiscal restraint and are warning of dire economic consequences.

I.R.S. Crackdown on Delinquent Millionaires Yields $1 Billion

The beefed-up enforcement is part of the agency’s modernization initiative aimed at improving customer service and catching wealthy tax evaders.

Biden Administration Rule Would Increase Authority to Block Foreign Deals

The Committee on Foreign Investment in the United States proposed a rule that would make it harder for foreigners to buy land near military bases.

Identity Theft Case Backlog at IRS Leads to Delayed Tax Refunds

The National Taxpayer Advocate criticized the agency for being too slow to resolve cases, leaving victims waiting years for their refunds.

Rampant Identity Theft Is Taxing the I.R.S.

The National Taxpayer Advocate criticized the agency for being too slow to resolve cases, leaving victims waiting years for their refunds.

U.S. Unveils Rules to Curb Investments in Chinese Technology

The Treasury Department unveiled rules to curb financing of Chinese semiconductors, quantum computers and artificial intelligence systems.

I.R.S. Extends Freeze of Pandemic-Era Tax Credit Amid Widespread Fraud

An internal analysis conducted by the agency found that up to 90 percent of claims are potentially fraudulent.

U.S. Debt on Pace to Top $56 Trillion Over Next 10 Years

Congressional Budget Office projections released on Tuesday show a grim fiscal backdrop ahead of tax and debt limit fights.

World Bank Sees Rosier Growth Outlook

But rising trade barriers pose a long-term threat to global output as protectionist policies spread, the bank said.

G7 Finance Ministers Aim to Use Russia’s Frozen Assets to Help Ukraine

Western economic officials projected a united front, and braced for retaliation, as they prepped tougher sanctions and tariffs.