Senate IRS Funding Bill More Generous, Democrat Says: BGOV Tax

Senate Panel Eyes IRS Funding Markup

The top Democrat on the Senate Appropriations subcommittee responsible for setting the IRS budget said he expects the committee likely won’t mark up the bill until September.

House appropriators earlier this month advanced their version of the Financial Services and General Government funding bill that prescribed one of its steepest cuts to IRS, funding it at $9.5 billion for fiscal year 2026. That proposal would hack out $2.8 billion from the agency’s current funding levels.

Democrats and outside watchdogs say such a dramatic slicing from the IRS budget would lead to fewer audits of ...