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Treasury secretary defends steep IRS IT cuts as members warn revenue risk

3211579 · May 7, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Secretary Scott Bissett told the subcommittee the IRS has been "30 years behind" on IT modernization and the department achieved $2 billion in IT savings, while lawmakers warned reductions in enforcement staff could reduce revenue and compliance.

Treasury Secretary Scott Bissett told the House Appropriations subcommittee that the Treasury Department is pursuing large savings in IRS information technology and administrative costs while planning to right‑size personnel levels.

"The IRS is 30 years behind 30 years behind on an IT modernization project, where perhaps up to $50,000,000,000 of taxpayer money has been wasted," Bissett said. He told the committee Treasury trimmed about $2,000,000,000 from the IRS IT budget through contract renegotiations and eliminating unused licenses.

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