Members of the House Freedom Caucus on Friday outlined the conditions necessary to attain their vote for a raise on the national debt limit, including setting a cap on discretionary spending for 10 years, stopping President Joe Biden's student loan forgiveness plan, and pulling back the $80 billion approved late last year to expand the Internal Revenue Service.
An audit has revealed that over 42,000 federal employees have repeatedly failed to file their taxes, owing $1.5 billion in unpaid taxes, with the IRS having little ability to punish them.
A report from the Internal Revenue Service released last week indicated that officials are devoting much of the agency’s recent funding windfall toward audits even as the degree to which the actions will impact everyday taxpayers remains uncertain.
The Internal Revenue Service (IRS) does not yet know the details of how the Biden admin's approval of an $80 billion windfall will affect middle-class audits.