IRS Spent $3.5 Billion in Tax-and-Climate Law Cash, Report Shows

The IRS has spent about 4.5%, or $3.5 billion, of its supplemental funding from the Democrats’ 2022 tax-and-climate law, with the largest chunk still going toward paying agency workers, the Treasury Inspector General for Tax Administration said in its quarterly report.

Employee compensation that includes both pay and benefits totaled about $1.4 billion and contractor advisory and assistance services was about $1.2 billion, according to the report released Wednesday.

The TIGTA report is a quarterly snapshot of the IRS spending of the $78 billion tax-and-climate law funds as of Sept. 30, 2023. Previously, the IRS had spent $1.95 billion ...