The new agents’ funding comes from the Inflation Reduction Act.
QUICK FACTS:
- House Minority Leader Kevin McCarthy (R-CA) promised that his party would roll back the funding for the 87,000 new IRS agents if Republicans take control of the House in November.
- The $80 billion allocated for the new agent’s salary is part of President Joe Biden’s Inflation Reduction Act.
- Should Republicans in the House in November, as many suspect they will, McCarthy will likely be the House majority leader.
REPUBLICANs’ PLANS FOR THE HOUSE:
- House Republicans have an agenda to reenact America first agenda items, endorsed by the America First Policy Institute, which was founded by former Trump administration senior officials.
- “The policies of the Left have failed the American people in just about every way that matters,” said group President and CEO Brooke Rollins. “‘The Commitment to America’ is the America First Agenda,” Rollins said. “These policies worked before, and they will work again.”
BACKGROUND:
- As American Faith previously reported, IRS Commissioner Charles Rettig said his agency will “absolutely not” be increasing efforts toward auditing small businesses or middle-income Americans.
- However, the commissioner claimed that they need the funds to create “sophisticated, specialized teams” to go after large corporations and those with high net worth.
- Rettig claimed that the funding going toward IT upgrades would make it easier for “honest” taxpayers to comply with the law and decrease their chances of an audit.
