Key Takeaways
- Against wishes of Senate Democrats, House Republicans seek to cut IRS funding - again.
- Senate tax-writers nominate Tax Court judges.
If lawmakers from opposing parties are arguing over IRS funding, then it must be a day that ends in d-a-y.
What Went Down:
- Once again, House Republicans seek to cut IRS funding that Senate Democrats oppose.
- Senate tax-writers nominate Tax Court judges.
Let’s Get To It:
Funding Fight (Again)
House Republicans have introduced legislation that would cut IRS funding by over $2 billion and prohibit any money from going to the agency’s free filing program. The bill is currently working its way through the House Appropriations Committee.
In 2024, Congress appropriated $12.3 billion to the agency. The amount for 2025 is $10.1 billion. The lion’s share of the cuts would go to reduce enforcement funding.
Legislative outlook: This bill is likely to pass the House given that Republicans are the chamber’s majority party.
Upon passage in the House, the appropriation bill will travel to the Senate where it will likely die. Democrats control the upper chamber and are quite critical of the House bill. Some Democratic Senators have referred to the bill as a “nonstarter” when it comes to funding the IRS.
The chambers fighting over IRS funding is a perennial event on Capitol Hill. It blossoms every spring.
Here Come the Judge(s)
The Senate Finance Committee this week nominated three people to become United States Tax Court judges. They are Rose Jenkins, Adam Landy, and Kashi Way.
Information on them can be found here.
Legislative outlook: The Senate will likely approve these judges.
Pardon if this recap missed a monumental moment, but we can recap it next time!
Adios amigos!