Treasury Department

US Faces Largest December Deficit Ever at 5 Billion: How Outlays Surpassed Revenue

US Faces Largest December Deficit Ever at $145 Billion: How Outlays Surpassed Revenue

The U.S. government reported a significant budget deficit of $145 billion for December 2025. This amount is up 67% from ... Read more

Unlocking Benefits: IRS Reveals Tax-Free Health Care Boost for Millions – Discover How You Can Take Advantage!

Unlocking Benefits: IRS Reveals Tax-Free Health Care Boost for Millions – Discover How You Can Take Advantage!

The Treasury Department and the IRS have recently announced changes to Health Savings Account (HSA) eligibility, allowing more Americans to ... Read more

IRS Warns Shutdown-Exempt Employees: Excessive Leave Could Lead to Furloughs

IRS Warns Shutdown-Exempt Employees: Excessive Leave Could Lead to Furloughs

This week, the IRS faced significant workforce challenges as nearly half of its employees were furloughed. Now, employees who remain ... Read more

Frank Bisignano Appointed First CEO of IRS: What This Means for Social Security and Tax Administration

Frank Bisignano Appointed First CEO of IRS: What This Means for Social Security and Tax Administration

Frank Bisignano Appointed as IRS CEO Frank Bisignano, the head of the Social Security Administration (SSA), has been appointed as ... Read more

Why Agency Leaders Urge Staff to Stay Calm Amid Layoff Threats: What You Need to Know

Why Agency Leaders Urge Staff to Stay Calm Amid Layoff Threats: What You Need to Know

Federal employees are anxious as talks of a government shutdown loom. This week, guidance from the White House suggested that ... Read more