All Departments
Treasury Budget PDF pp. 59–60
Department of the Treasury
FY2026 Enacted
$13.0B
FY2027 Proposed
$11.5B
Change
$-1.5B
-12.0%
Budget reduction severity12.0% cut
2 programs affected · $1.6B total proposed reduction
Program-Level Cuts
ReducedCritical Impact
Internal Revenue Service
$1.4B
11% cut
Taxpayers needing customer service; enforcement of tax compliance; Direct File program users
taxgovernment services
ReducedMajor Impact
Community Development Financial Institutions Fund
$204.5M
75% cut
1,432 certified CDFIs with $450B+ in assets; underserved communities, rural areas
economic developmentpovertyrural