‘AI boom’ will make up for IRS workforce cuts, Treasury secretary says

Drastic cuts to the IRS workforce won’t impact tax collection because an “AI boom” will pick up the slack, Treasury Secretary Scott Bessent told lawmakers Tuesday.

Appearing before the House Appropriations Committee, Bessent was peppered with questions about the overhaul of the IRS in recent months, including the slashing of the tax agency’s IT budget and widespread staff reductions across collection and enforcement functions.

A Treasury Inspector General for Tax Administration report released last week found that as of March, the IRS’s workforce had shrunk 11%, with 11,433 IRS employees terminated since President Donald Trump took office. 

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