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DOGE proposes slashing Internal Revenue Service staff by 20%

Coin Telegraph LogoCoin Telegraph1d ago

DOGE proposes slashing Internal Revenue Service staff by 20% - Coin Telegraph

Quick Summary:

Source: The White HouseRelated: Crypto taxes, DOGE, Trump and avoiding an IRS audit: Taxbit exec spills the teaDOGE pursues cost-cutting and efficiency strategiesThe Department of Government Efficiency, headed by businessman Elon Musk, is exploring methods to reduce the $36 trillion US national debt by substantially reducing the size of the federal bureaucracy and introducing cost-cutting measures.

One of the more unique measures proposed included putting all public spending onchain to reduce deficits and ensure transparency.On Feb.21, the Securities and Exchange Commission (SEC) announced it was cutting its regional office directors to comply with the Trump administration’s cost-saving directives.

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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Article Details

Author / Journalist: Cointelegraph by Vince Quill

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-13 @ 21:10:00 (1 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 433 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 26989564

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About Coin Telegraph

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Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 1240 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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