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 January 11, 2023

House Republicans vote to eliminate $87 billion in IRS funding

After California Republican Rep. Kevin McCarthy finally became Speaker of the House last week, House Republicans stuck to their word as far as tackling the massive increase in spending for the Internal Revenue Service. 

According to Fox News, the bill passed on Monday night without any problem in the party.

Fox News noted: "The bill — dubbed the Family and Small Business Taxpayer Protection Act and sponsored by Rep. Adrian Smith, R-Neb., and Rep. Michelle Steel, R-Calif. — passed the House of Representatives, 221-210."

The funding was part of the Inflation Reduction Act and dedicated a vast amount to the hiring of thousands of new IRS agents which sparked major controversy.

However, House Republicans voted to take that new-hire money back while leaving in place some of the funds for infrastructure improvements at the agency, such as its IT infrastructure.

Speaker McCarthy touted the successful vote on social media Monday night.

"House Republicans just voted unanimously to repeal the Democrats' army of 87,000 IRS agents. This was our very first act of the new Congress, because government should work for you, not against you. Promises made. Promises kept," McCarthy tweeted.

Florida Republican Rep. Byron McDonalds also weighed in on the Democrats' original plan to bolster the IRS.

"The last thing the American people need right now are more audits from an out-of-control, bloated IRS," Nebraska Rep. Adrian Smith told Fox News Digital. "The Inflation Act funding for IRS would lead to the hiring of 87,000 new IRS employees tasked with raising enough revenue to pay for Democrats’ Green New Deal priorities."

Smith added: "Our bill leaves in place funding for customer service and IT improvements because IRS is in desperate need of reform, but it protects middle-class families from audits they cannot afford."

The Inflation Reduction Act, according to the Congressional Budget Office (CBO) will raise the national debt by $114 billion over the course of the next decade.

Hopefully, Republicans can garner the support to push this rescinded version all the way home.

Written By:
Ryan Ledendecker

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