The U.S. Department of Labor says it’s filing for bankruptcy.
The tax agency is asking taxpayers to file for an extension of their time to file a claim.
The filing deadline is Jan. 17.
has been hit with an economic slowdown as the global financial crisis has left millions of Americans struggling to make ends meet.
The country’s federal tax base is shrinking as a result.
The U.,S., which has more than 7 million people who are employed in the private sector, is grappling with the fallout from the recession.
It has more people in poverty than at any time since the Great Depression.