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Detailed text transcripts for TV channel - MSNBC - 20150718:11:27:00

In today s three big money headlines, irs hangups, break fast budget breaker and hail uber. joining me is regina lewis. good morning to you. the tax season may be over there is this new report which highlights the troubles that a lot of filers had seeking help. what is with these hangups with the irs? it has to do whether your call goes through. amazingly, this season the irs only accepted 37% of incoming phone calls. there were 8.8 million what they call courtesy disconnects, the call didn t even go through because they knew that they couldn t handle it at the time. if you were on hold on average, 23 minutes. these numbers significantly up year over year. the irs commissioner pointing to budget cuts they have to focus on enforcement. for the 126 million americans who file individual tax returns the tradeoff was poor customer ....

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