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House Speaker Mike Johnson, a Republican from Louisiana, is pushing for a standalone aid package for Israel that includes cuts to IRS funding. The Congressional Budget Office (CBO) projects that the bill would add $12.5 billion to the federal deficit over the next decade. Democratic representatives have requested an analysis from the CBO on how offsetting $14.3 billion in Israel aid by cutting IRS funding would impact the deficit. US senators from both parties have expressed doubts about the plan, with President Joe Biden threatening to veto the bill if it passes. A group of 21 Jewish House members accused Speaker Johnson of setting a “dreadful precedent” by prioritizing military assistance for Israel over the IRS budget. Despite the CBO report, Speaker Johnson plans to hold a vote on the bill.
House Republicans are hoping to pass a bill that would provide $14.3 billion in aid to Israel, but Democrats say it won't pass the Senate and President Biden has said he would veto the measure. https://t.co/DjPmG0VunY
Two leading pro-Israel Democrats blasted newly elected Speaker Mike Johnson’s (R-La.) aid package for Israel, arguing the Louisiana Republican is playing a “cynical game” by making aid for Israel conditional on Internal Revenue Service (IRS) funding cuts https://t.co/6dNfensVW1 https://t.co/hs0pWdvw6q
The Republican-led House was set to approve a $14.3 billion measure for Israel’s war with Hamas, defying President Biden’s request to pair it with aid for Ukraine. The measure is headed for a bipartisan bloc of opposition in the Senate. https://t.co/MI4KWVf4Or
House Republicans are hoping to pass a bill that would provide $14.3 billion in aid to Israel, but Democrats say it won't pass the Senate and President Biden has said he would veto the measure. https://t.co/mhmEwurs5h
House Speaker Mike Johnson: "We cannot waste any time getting Israel the aid it needs" https://t.co/7TSPGUnpzU https://t.co/OHWKGHzf8P
House Speaker Mike Johnson (R-LA) said it is "disturbing" that Democrats are calling for a ceasefire in Israel: "Israel doesn’t need a ceasefire, they need their allies to cease with the politics and deliver support now. And that's what we're doing." https://t.co/RU7tIn4g5x
House Speaker Mike Johnson (R-LA) says he won’t consider a bill funding aid to Israel that doesn’t include federal spending cuts: “We are in dire straits as a nation … We want to protect and help and assist our friend Israel, but we have to keep our own house in order as well.” https://t.co/f1jeyifMCZ
US House of Representatives Speaker Mike Johnson said he plans to hold a vote on a standalone Israel aid bill despite a Congressional Budget Office report showing it could increase the federal deficit https://t.co/uDVbvPNwUg
What comes next now that new House Speaker Mike Johnson’s first big legislative initiative — a standalone aid package for Israel combined with cuts to IRS funding — landed with a thud? https://t.co/Ei4eZFNvsf
What comes next now that new House Speaker Mike Johnson’s first big legislative initiative — a standalone aid package for Israel combined with cuts to IRS funding — landed with a thud? https://t.co/Ak86MjSW8u
What comes next now that new House Speaker Mike Johnson’s first big legislative initiative — a standalone aid package for Israel combined with cuts to IRS funding — landed with a thud? https://t.co/dvKKwWozpG
House GOP’s Israel-IRS bill could add more than $26 billion to deficit: CBO https://t.co/rVlvvInQcf
NEW: A group of 21 Jewish House members accused House Speaker Mike Johnson of setting a “dreadful precedent” with a partisan bill that would provide Israel with military assistance but would also force deep cuts in the Internal Revenue Service’s budget. https://t.co/ErtReFZeRl
The House GOP's Israel aid bill is projected to grow the federal deficit by $12.5 billion over the next decade, according to the Congressional Budget Office's calculations. https://t.co/OFkW9XN65T
House GOP Plan To Offset Israel Aid With IRS Funding Would Expand National Debt Via Reduced Enforcement: CBO https://t.co/kN2ZauWtn0
CBO scores the House GOP Israel Aid bill that would prohibit the CBO from scoring the bill if it becomes law. CBO says the bill would add ~$12.5B to the deficit due to a projected $26.8B revenue decline from reduced IRS funding. https://t.co/Uk2QBD9VEa
House Democrats will face a tough vote this week when Republicans, led by newly minted Speaker Mike Johnson, consider a $14.3 billion Israel aid bill that includes cuts to IRS funding to pay for the package but no assistance to Ukraine. https://t.co/Qbbg1HQ0Tq https://t.co/eZQ376zcw4
US senators from both parties voiced doubts about House Republicans' plan to provide $14.3 billion in aid to Israel by cutting IRS funding, without providing aid to Ukraine, and President Joe Biden threatened to veto the bill were it to pass https://t.co/3KxNkI9xyf
Democratic Reps. Hoyer and Schneider ask CBO for an analysis of how offsetting $14.3b in Israel aid by clawing back IRS funding would impact the deficit. They note that a previous CBO analysis predicted a loss of $1.64 in revenue for every dollar rescinded. https://t.co/P6rAgvX1Vc
New House Speaker Mike Johnson Ties Funding For Israel To IRS Budget Cuts https://t.co/ZqKdN0Y7DS