House Republican appropriators overcame Democratic objections to advance a funding bill that includes a roughly 18% cut to the IRS from this year’s funding levels.
The subcommittee by voice vote moved the financial services and general government bill, which funds agencies—including the IRS, Treasury, and Tax Court—toward full Appropriations Committee consideration. The bill gives the IRS $10.12 billion for fiscal year 2025, slashing the agency’s budget by $2.2 billion compared to fiscal 2024 levels and this year’s White House request to hold the funding flat.
Treasury officials and the top Democrat on the subcommittee, Rep. Steny Hoyer (D-Md.), accused ...
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