Trump’s budget generally left the Treasury Department alone — except for the IRS. The budget seeks to cut IRS funding by $2.5 billion. The agency has already frozen hiring, initiated broad-based layoffs and paused a Biden-era technology modernization process under the direction of officials from the U.S. DOGE Service.

The plan shows a desire to crack down on diversity programs and climate change initiatives. But it doesn't include details about plans for income taxes, tariffs, entitlement programs or the deficit.