The recent government funding deal, valued at $1.2 trillion and criticized for massive deficit spending, has sparked significant discussion regarding its impact on the Internal Revenue Service (IRS) and President Biden's original plan to enhance tax enforcement. Initially, the President proposed an $80 billion plan aimed at hiring 87,000 new IRS agents to increase audits. However, this plan faced opposition, leading to a compromise in the minibus spending bill. The bill includes a reduction of $20.2 billion from the intended IRS expansion and an additional rescission of $6 billion in unused COVID-era funds. Critics of the original plan, including House Republicans, have hailed this outcome as a victory, emphasizing their success in forcing the administration to scale back nearly half of the funding for the new IRS agents. This development is seen as a fulfillment of promises made by House Republicans to the taxpayers, with further cuts anticipated for FY25.
The very first vote in the House this Congress was to rollback Biden’s 87,000 new IRS agent. Now House leadership is delivering by forcing Biden to sign $20B of cuts to boosted IRS enforcement funding. We’ll be back for more in FY25. https://t.co/5szSHmOn1U
The government funding bill delivers on a key promise House Rs made to taxpayers: to block Biden's 87,000 new IRS agents. Republicans are forcing Biden to open up his signature legislation & repeal roughly half ($20B) of the IRA-boosted funding for increased audits of taxpayers.
Government funding deal secures $20.2B in cuts to boosted IRS enforcement funding to ramp up audits. House Rs forced Biden to open up his signature legislation just one Congress later & agree to cut nearly half of the funding for 87K new IRS agents. More cuts possible for FY25. https://t.co/sw12GpfnUH https://t.co/FEz26XFYBo
Minibus @ $1.2 Trillion … Massive Deficit Spending, No Cuts …Woke and Weaponize Remain….Johnson Caves to DC https://t.co/h4ycbNWbja @MikeJohnson @SpeakerJohnson https://t.co/UsDLZv3Pd5
A) Johnson on minibus spending bill: The bill also includes the additional cuts secured in January’s topline agreement by rescinding $20.2 billion from President Biden’s IRS expansion and taking back another $6 billion in unused COVID-era slush funds.
Looks like the President's $80 billion plan to hire 87,000 new IRS agents and target Americans with a flood of audits is hitting a roadblock. This would be a great time for the Senate to pass the bill I introduced with @RepAdrianSmith to defund this plan. https://t.co/MMsVv8aC22