Cuts at IRS threaten billions in revenue

The IRS has already lost more than 26,000 employees this year—and the administration’s latest budget proposal would shrink the agency even further. Meanwhile, more than half of the Inflation Reduction Act’s original IRS funding has been clawed back through congressional rescissions.

This POLITICO Pro Data Analysis explores what these shifts mean for the agency’s operations, taxpayer services, and the broader federal revenue outlook. With clear data visualizations and policy context, it’s designed to help professionals understand the real implications of the staffing and funding drawdown.

Why it matters:

• Quantifies potential revenue loss tied to enforcement cuts
• Visualizes staffing changes by business unit and function
• Tracks rescissions from the IRA’s original $80B in IRS funding
• Provides timely insight into evolving federal fiscal policy

Get the full analysis to see how POLITICO Pro equips policy professionals to stay ahead of critical funding and staffing decisions.