ASAToday for November, 7th 2025
IRS and Treasury News
IRS and Treasury News The IRS furloughed nearly half of its staff last Wednesday. Most operations will close, but employees working on filing season preparation, IT, and implementation of tax provisions included…
Read MoreCBO’s Budget Review
CBO’s Budget Review The CBO’s monthly budget review estimates that the deficit was $1.8 trillion for FY25, which is $8 billion less than the shortfall from FY24. Revenues for FY25 increased by…
Read MoreThis Week In Congress!
This Week In Congress The government shutdown continued, and the Senate returned to session this week; however, Speaker Johnson (R-LA) announced his intention to keep the House in recess until the government…
Read MoreThe Government Shutdown Continues!!!
The Government Shutdown Continues!!! On the evening preceding the government shutdown (Tuesday, September 30), the Senate conducted a second round of votes on both the House-passed continuing resolution (CR) and the alternative…
Read MoreIRS Announcements!
IRS Announcements! The Treasury Department has announced that Frank Bisignano, Commissioner of the Social Security Administration (SSA), will take on the newly established role of Chief Executive Officer of the IRS while…
Read MoreThis Week in Congress
This Week in Congress Government operations were abruptly halted at midnight on Wednesday when the Senate failed to pass either the Republican or Democratic Continuing Resolution (CR). By a vote of 55-45,…
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