Fox News and Fox Business have seemingly ignored bombshell reporting from The Washington Post detailing how disruptions at the Internal Revenue Service created by the U.S. Department of Government Efficiency may result in the loss of half a trillion dollars of federal tax revenue this year.
This roughly $500 billion loss — which would represent nearly 10% of expected tax revenue to be gathered by the IRS by the April 15 tax filing deadline — dwarfs the alleged savings generated by DOGE from the firing of federal workers, closing of offices and agencies, and the cancellation of government contracts, which Fox personalities have enthusiastically promoted.
Fox’s refusal to inform viewers about how DOGE has crippled the IRS comes as no surprise given the network’s long track record of demagoguing against the agency.