Department of the Treasury(TREAS)
Cabinet department for federal finance, tax administration through IRS, fiscal service, sanctions, financial intelligence, debt management, and economic policy.
Function
Cabinet department
Parent
Top-level (no parent)
FY2026 Budget Authority
$4706.79B
Official Data
USAspending.govEvidence & Review
Evidence Confidence
MediumVerification Status
AI-researched, unverifiedLast Reviewed
Jul 5, 2026
Retrieved On
Jul 5, 2026
Effectiveness Baseline
GAO tracks improper payments, tax gap administration, IRS modernization, and financial management; Performance.gov links Treasury planning and reporting.
Efficiency Opportunities
Modernize IRS service and enforcement technology, expand Do Not Pay/payment integrity, consolidate payment rails, and improve sanctions/licensing workflow.
Effectiveness Opportunities
Better taxpayer service, narrower tax gap, faster legitimate refunds, stronger sanctions targeting, and accurate federal payments.