IRS Gets $275 Million Funding Cut From Fiscal 2022 Levels (1)

The massive bipartisan bill to fund the government trims IRS funding by $275 million over last year’s annual appropriations level, in a win for Republicans who sought cuts after Democrats gave the agency $80 billion in multiyear funding earlier this year.

The draft legislation includes $12.3 billion for the agency, lower than last fiscal year’s total of roughly $12.6 billion. Democrats wanted to boost the agency’s annual budget arguing the funds in the tax-and-climate law were supplemental, but that was a difficult pill for Republicans to swallow.

The bill contains no money for business systems modernization. Funding for such improvements ...