The Senate Finance Committee advanced a bipartisan tax administration package Thursday aimed at modernizing the IRS, improving customer service and strengthening taxpayer rights. The committee voted, 26-1, to approve the sprawling tax modernization bill, which encompasses a laundry list of tax provisions including some proposals that have already gotten backing from either House tax writers […]
Policy
GOP defeats amendment to block Trump-IRS settlement
Sen. Elizabeth Warren, D-Mass., was the only Finance Committee member to oppose the modernization bill. She's shown at a hearing on July 22. (Tom Williams/CQ Roll Call)
Posted July 30, 2026 at 5:26pm
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The IRS said that it has collected around $7.5 billion due to whistleblowers since 2007.
