Author Topic: Defund The IRS... I & I Editorial Board  (Read 108 times)

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Defund The IRS... I & I Editorial Board
« on: May 30, 2023, 03:42:50 pm »
Defund The IRS
I & I Editorial Board
May 30, 2023


The debt ceiling deal reached by the Republican leadership and the administration is far from perfect in the eyes of anyone who cares about runaway government spending (which is the only government spending we know of). But it appears House Speaker Kevin McCarthy was able to block, at least for a year, the hiring of a field army of IRS soldiers. Like a thousand lawyers at the bottom of the ocean, it’s a good start, though there’s still a long way to go.

Among the hundreds of sections in the 99-page bill, No. 251 is “Rescission of certain balances made available to the Internal Revenue Service.” More specifically, the legislation, if passed and signed as is, cuts almost $1.4 billion “of the unobligated balances of amounts appropriated or otherwise made available for activities of the Internal Revenue Service” through the Inflation Reduction Act of 2022.

Through the Inflation Reduction Act, the Biden administration had obtained an additional $80 billion for the IRS, more than six times its current annual budget. Funding for enforcement was to increase by 69% through fiscal 2031. Such a “generous injection of other people’s money” would mean, according to the Washington Free Beacon, that the IRS will “employ more bureaucrats than the Pentagon, State Department, FBI, and Border Patrol combined.”

The expansion will now be delayed for at least one fiscal year.

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https://issuesinsights.com/2023/05/30/defund-the-irs/
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