IRS Funding Panels to Get Shake-Up After Midterms: BGOV Tax

Feb. 20, 2026, 11:05 AM UTC

Election to Overhaul IRS Funding Deciders

The November elections will restack the rosters of spending panels on Capitol Hill, including those overseeing the annual budget for Treasury and the IRS.

Democrats hope to unseat Sen. Susan Collins (R) as she seeks re-election in Maine. Her ouster would boot her from the top position on the Senate Appropriations Committee, which oversees all agencies’ annual budgets.

Rep. Mark Pocan (D-Wis.) is most likely to succeed Rep. Steny Hoyer (D-Md.) as the top Democrat on the House Appropriations’ Financial Services and General Government subcommittee when Hoyer retires. Pocan’s ascension would elevate ...

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