IRS leadership on Thursday announced that the agency has recovered $4.7 billion in back taxes and proceeds from a variety of crimes since the nation's tax collector received a massive glut of funding through Democrats' flagship tax,

Recovered funds include $1.3 billion from high-income taxpayers who did not pay overdue debts, $2.9 billion related to IRS criminal investigations and $475 million in proceeds from criminal and civil cases that stemmed from whistleblower information.

The IRS announced the recovery of $4.7 billion in back taxes and proceeds from various crimes since receiving increased funding through legislation in 2022.

The White House and congressional Democrats are fighting to protect $20 billion in funds for the IRS as the tax collection agency faces significant changes next year. As bipartisan funding talks

IRS leadership on Thursday announced that the agency has recovered $4.7 billion in back taxes and proceeds from a variety of crimes.

President-elect Donald Trump says renewing tax cuts would turbo-charge investment and boost US economic growth — a pledge that helped propel him to election victory in November.

The collections included $1.3 billion from high-income taxpayers who did not pay overdue tax debts and $2.9 billion related to IRS Criminal Investigation work into crimes like drug trafficking and terrorist financing.