Friday, February 3, 2023
HomeAll Ch00 Ch00 NewsGOP-Led House Votes to Rescind Billions in IRS Funding Approved by Democrats

GOP-Led House Votes to Rescind Billions in IRS Funding Approved by Democrats

Listen to the article
 

t

he GOP-led House of Representatives has voted to rescind billions of dollars in funding for the Internal Revenue Service (IRS) that was approved in the Democrats’ so-called “Inflation Reduction Act.”

Lawmakers voted to rescind more than $70 billion in funding to the IRS on Monday night, in the first significant move under Republican House Speaker Kevin McCarthy’s (R-CA) leadership.

The Democrats controversial legislation approved funding to hire an additional 87,000 IRS agents, most of which would target everyday Americans.

The move fulfills McCarthy’s promise to prevent the agency from hiring tens of thousands of new agents and conducting new audits on Americans.

The bill is dubbed the “Family and Small Business Taxpayer Protection Act” and is sponsored by Rep. Adrian Smith (R-NE) and Rep. Michelle Steel (R-CA).

The bill passed the House of Representatives in a 221-210 vote.

The legislation will roll back the billions of dollars of funding for the IRS approved in the Inflation Reduction Act last year.

However, it leaves in place funding for customer service and improvements to IT services.

The bill rescinds any funding that could be used to conduct new audits on Americans and funding that would double the agency’s current size.

Please think about donating below. 

DONATE TO CH00 CH00 NEWS

 

READ THE REST @slaynews
READ MORE @CH00 CH00 NEWS
RELATED ARTICLES

Chillin @ Choo's

Big Bear Bald Eagle Live - Jackie Laid An Egg

War Room Live 7-9 am 2-4 pm PST

Seattle
clear sky
43.1 ° F
46.9 °
37.7 °
62 %
1.4mph
0 %
Fri
46 °
Sat
50 °
Sun
48 °
Mon
45 °
Tue
46 °

ALL CHOO CHOO NEWS

Donate to $Ch00Ch00News

Ch00 Ch00 News
13036 SE Kent Kangley Rd, Suite #237
Kent, WA 98030

https://cash.app/$Ch00Ch00News

DONATE