
IRS to Furlough Nearly Half Its Staff Amid Shutdown
The IRS is furloughing nearly 47% of its workforce, or over 34,000 employees, due to the U.S. government shutdown, halting refunds and most taxpayer services.
#IRS#US Government Shutdown#Tax Policy
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The IRS is furloughing nearly 47% of its workforce, or over 34,000 employees, due to the U.S. government shutdown, halting refunds and most taxpayer services.

The EUR/USD exchange rate has climbed above 1.1700 as a US government shutdown halts the release of key economic data and increases odds of a Fed rate cut.

The GBP/USD exchange rate climbed toward 1.3500 as a US government shutdown began, raising fears that key economic data like the NFP report will be delayed.