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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRepublicans strip IRS of another $20 billion in government shutdown fight
Congress revoked an additional $20 billion from the Internal Revenue Service last week when lawmakers averted a government shutdown, a cut that may undo many of President Joe Bidens efforts to improve customer service at the tax agency and train fresh scrutiny on wealthy tax cheats.
Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 billion as part of a 2023 budget deal. Shortly afterward, Republicans vowed theyd be back for more IRS cuts.
And because of the way lawmakers extended government funding into March, an additional $20 billion in cuts came automatically.
When Congress approved a stopgap funding bill, called a continuing resolution, all the existing policy from the previous fiscal year was carried forward unless new text was specifically added to the bill to change it. There was no language in the bill to undo last years cut, so it repeated in the new law.
https://www.yahoo.com/news/republicans-strip-irs-another-20-152643102.html
Republicans defunding the police.
spooky3
(36,426 posts)Irish_Dem
(59,741 posts)Only enough money to audit the middle class.
Response to Irish_Dem (Reply #2)
Chin music This message was self-deleted by its author.
jimfields33
(19,320 posts)This is an easy solution and will get us more revenue without hurting the lower incomes.
Response to jimfields33 (Reply #5)
Chin music This message was self-deleted by its author.
surfered
(3,748 posts)We want efficiency, accuracy, and assistance from the IRS, but we wont fund it. We could prepare our returns online, is wed fund it. Our tax system relies on voluntary compliance with that fear of an audit, but that falls apart without funding audits.
The Madcap
(597 posts)Why we aren't looking very hard at the revenue side of the deficit. Most of the policies to come look like they are going to hit tax revenues substantially. It's not going to help reduce the deficit.
Response to The Madcap (Reply #7)
Chin music This message was self-deleted by its author.