Promises kept! House votes to rescind more than $70B in funding to the IRS

Speaker Kevin McCarthy fulfilled the first of many promises he has made in the pursuit of a conservative, America-first agenda, with the House voting Monday night to cut back funding for the Internal Revenue Service.

The Republican-led House of Representatives voted to rescind more than $70 billion in funding to the IRS in furtherance of McCarthy’s first-day pledge to prevent the hiring of 87,000 new IRS employees who one of the bill’s sponsors argued would be tasked with raising revenue to pay for the radical left’s Green New Deal priorities.

The “Family and Small Business Taxpayer Protection Act,” sponsored by U.S. Reps. Adrian Smith, of Nebraska, and Michelle Steel of California, passed 221-210, and while it will roll back billions of dollars of funding for the IRS approved in the Inflation Reduction Act, it leaves in place funding for customer service and improvements to IT services, Fox News reported.

The previous legislation secured $80 billion for the IRS over a 10-year period, with Fox News noting that “more than half of those funds approved with the intention of helping the agency to crack down on tax evasion.”

“The last thing the American people need right now are more audits from an out-of-control, bloated IRS,” Smith told the network ahead of Monday’s vote. “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.”

Calling that “unacceptable,” Smith said their 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 congressman’s office rejected a Congressional Budget Office score of the bill that said it would increase the debt by $114 billion over a decade.

“Congressional Democrats and the Biden administration have made clear that up to 90% of their new audits will target middle-class families and small businesses. This score again demonstrates the extent to which they are plundering working-class Americans in order to hand billions of dollars out to profitable businesses to buy electric trucks for their fleets, fuel for their airplanes and install large scale wind and solar across America’s landscapes,” a spokesperson for Smith’s office told Fox News.

The bill is not likely to move in the Senate and the White House has already said President Joe Biden would veto the legislation if it does reach his desk.

While the White House claims Republicans want to “allow the rich and multibillion-dollar corporations to skip out on their taxes,” U.S. Rep. Thomas Massie, R-Ky., offered a different take in a tweet he shared Monday night:

 

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