Commissioner of Internal Revenue Doug Shulman REUTERS/Hyungwon Kang
Remember the budget? Not the one President Barack Obama introduced last month. But the budget for fiscal 2012 – the year we’re in right now?
Don’t feel bad if you forgot. Obama signed the bill two days before Christmas, the same day that he signed the highly-politicized, media-frenzied payroll tax cut extension.
On March 6, the Congressional Research Service published a nice coda report detailing where the money will be spent through Sept. 30 2012.
Overall agency spending is down just $277 million to $44.41 billion from fiscal 2011 levels.
But the IRS’s budget was cut 2.5 percent. Enforcement, which makes up the bulk of IRS spending, was slashed 3.5 percent.
