Related News

Traders work on the floor of the New York Stock Exchange (NYSE) on Nov. 13, 2025 in New York City. Spencer Platt | Getty Images U.S. markets had their worst

Traders work on the floor of the New York Stock Exchange (NYSE) on Nov. 13, 2025 in New York City. Spencer Platt | Getty Images U.S. markets had their worst

Ticket reseller StubHub signage on display at the New York Stock Exchange for the company’s IPO on Sept. 17, 2025. NYSE StubHub shares sank 5% in extended trading on Thursday

The Google corporate logo hangs outside the Google Germany offices on August 31, 2021 in Berlin, Germany. Sean Gallup | Getty Images News | Getty Images Google said on Thursday

Anthropic said Thursday that Chinese hackers used its artificial intelligence technology in what the company believes is the first cyberespionage operation largely carried out using AI. Anthropic said the cybercriminals

Tesla’s Powerwall 2 Source: Tesla Tesla is recalling around 10,500 units of its Powerwall 2, a backup battery for residential use, according to a U.S. Consumer Product Safety Commission disclosure

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Elon Musk’s DOGE seeks access to US tax system: Reports

Word Count: 675 | Estimated Reading Time: 4 minutes


Elon Musk's DOGE seeks access to US tax system: Reports
Elon Musk’s DOGE seeks access to sensitive US tax data, sparking alarm

WASHINGTON: Elon Musk’s department of government efficiency (DOGE) has sparked alarm by seeking access to a system with the US tax office that has detailed financial data about millions of Americans, US media reported.
Spearheaded by Musk, the world’s richest man, US President Donald Trump has embarked on a campaign to slash public spending deemed wasteful or contrary to his policies.
The Washington Post and others reported that the latest request is for DOGE officials to have broad access to Internal Revenue Service (IRS) systems, property and datasets.
This includes the Integrated Data Retrieval System (IDRS), access to which is usually extremely limited and which offers “instantaneous visual access to certain taxpayer accounts”, according to the IRS.
As of Sunday evening, the request had not been granted, the reports said.
But it has sparked alarm within the government and among privacy experts who say granting Musk access to private taxpayer data could be extraordinarily dangerous, according to ABC News.
“People who share their most sensitive information with the federal government do so under the understanding that not only will it be used legally, but also handled securely and in ways that minimize risks like identity theft and personal invasion, which this reporting brings into serious question,” Elizabeth Laird, a former state privacy officer now with the Center for Democracy and Technology, told ABC.
“Waste, fraud, and abuse have been deeply entrenched in our broken system for far too long,” White House spokesperson Harrison Fields said when asked about the employee’s potential access to the sensitive system, NBC News reported.
“It takes direct access to the system to identify and fix it.”
“DOGE will continue to shine a light on the fraud they uncover as the American people deserve to know what their government has been spending their hard-earned tax dollars on,” Fields added.
US media reported on Friday that the IRS is preparing to lay off thousands of employees as soon as this week as part of Trump and Musk’s drive to shrink the federal workforce.





Source link

Most Popular Articles