This bill sets the yearly budget for federal offices that handle money and management, and for the District of Columbia, for fiscal year 2026. It also adds rules for how that money can be used across these programs.

• Taxes and the IRS: Lets the IRS quickly hire staff to process backlogged tax returns, blocks creating a new free federal e-file system without approval from key committees, and caps IRS weapons and ammunition purchases at the levels held on December 22, 2022.
• Voting: Bars federal money from being used to register non-citizens to vote and withholds funds from places that allow non-citizens to vote in federal elections. It also stops most spending to carry out a 2021 order on expanding access to voting.
• Free speech: Stops funding to label Americans’ lawful speech as “mis-, dis-, or mal-information,” or to fund groups that push companies to censor it; and bans contracts with NewsGuard.
• Federal workplace: Limits employee training to job-related skills and bars programs meant to change personal beliefs or values. Also requires that nondisclosure agreements clearly protect the right to report wrongdoing, including to Congress.
• Religion and symbols: Forbids federal penalties against people or groups who act or speak based on a sincere belief that marriage is between one man and one woman, and limits flags at federal sites to the U.S., official government, or POW/MIA flag.
• Health coverage: Blocks federal funds for most abortion services in the Federal Employees Health Benefits program and in D.C., except in cases of life endangerment, rape, or incest.
• Rules, purchases, and investments: Blocks funding to make new rules with big economic effects; limits buying federal vehicles from companies tied to China or on a Defense Department list; and bars the federal retirement plan (TSP) from investing in mutual funds that pick companies mainly for environmental, social, or governance goals. It also directs the Treasury to study a Strategic Bitcoin Reserve and file a plan within 90 days for how to safely hold any government digital assets.