U.S. flag

An official website of the United States government

Dot gov

Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Https

Secure .gov websites use HTTPS
A lock () or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

Breadcrumb

Inflation Reduction Act Oversight

The Inflation Reduction Act (IRA) gave supplemental funding to the Internal Revenue Service (IRS) through September 30, 2031. The IRS will use the money to improve taxpayer services, update antiquated computer systems, and increase compliance and enforcement actions.

IRA Spending Tracker (as of September 30, 2024)

Every 3 months we’re showing how much IRA money the IRS has spent. As of September 30, 2024, the IRS has spent $9 billion (16%) of its IRA funds. Use the dashboard or read our latest report for more details.

Overview of IRA Funding (as of March 31, 2025)

The IRS initially received $79.4 billion from the IRA. However, as of March 2025, Congress subsequently reduced IRA funding to $37.6 billion. The Fiscal Responsibility Act of 2023 rescinded $1.4 billion; the Further Consolidated Appropriations Act, 2024 rescinded $20.2 billion; and the Full-Year Continuing Appropriations and Extensions Act, 2025 rescinded another $20.2 billion.

Image
Summary of Inflation Reduction Act funding

More Information

Want to learn more about our IRA oversight work? Read all of our IRA-related reports.

Major Management and Performance Challenges Facing the IRS (MMC):

Our IRA Oversight Plan outlines out how we'll use IRA resources to provide robust oversight of the IRS’s IRA implementation. With our IRA supplemental funding lasting through 2031, our work will be ongoing.