GOP-controlled House<\/strong> this Congress.<\/p>\nThe bill, which is unlikely to see action in the Democratic-controlled Senate, passed in a party-line 221-210 vote on Monday evening.<\/p>\n
A boost of about $80 billion in IRS funding over a decade generally aimed at upping high-income enforcement was included in last year\u2019s Inflation Reduction Act<\/strong>, Democrats\u2019 sweeping tax, health and climate bill.<\/p>\nThe Republican bill, formally titled the \u201cFamily and Small Business Taxpayer Protection Act<\/strong>,\u201d directs any \u201cunobligated balances of amounts appropriated or otherwise made available\u201d to the IRS from the Inflation Reduction Act to be rescinded.<\/p>\nThe Congressional Budget Office<\/strong> (CBO) estimated Monday that the legislation would eliminate about $71 billion of the total $80 billion that was allocated for the IRS but would reduce tax revenue by about $186 billion, translating to a $114 billion increase in deficits over the next decade.<\/p>\nRepublicans have repeatedly falsely claimed the 87,000 new IRS employees, who would be added over the course of a decade, would be \u201cagents.\u201d<\/p>\n
The 87,000 figure comes from a May 2021 Treasury Department<\/strong> compliance report estimating new hires over a decade with the $80 billion funding boost. But only a small portion of the department\u2019s current employees are agents, and the department has said the figure accounts for other workers such as customer service representatives and computer scientists as well as replacements for the 52,000 employees expected to retire or resign within the next six years.<\/p>\nIRS Commissioner Charles Rettig<\/strong> said in an August letter to members of the Senate that the funds from the legislation would be used to up examination of large corporations and high-net-worth individuals and were not designed to raise enforcement for households making less than $400,000.<\/p>\nTreasury Secretary Janet Yellen<\/strong> has also said that the agency would not increase audit rates for those taxpayers making less than $400,000.<\/p>\nRepublicans, however, argued that the directives did not prohibit increased enforcement activities directed at middle- and low-income taxpayers, and pointed to a CBO analysis that said the funding boost would mean audit rates \u201crise for all taxpayers.\u201d They also criticized the legislation for not allocating a larger portion to taxpayer services.<\/p>\n
Representative Nick Langworthy<\/strong> voted for the bill, saying in a statement, “The problems facing the people of Western New York and the Southern Tier require a sense of urgency and that\u2019s what they deserve from their representatives. I made a promise to protect taxpayers from an overzealous, politicized IRS and I delivered. The American people entrusted us with the Majority and it\u2019s time we produce results. We are just getting started.”<\/p>\nThe bill stand little chance in the Senate, and the White House said in a statement on Monday that President Biden<\/strong> would veto it if it came to his desk.<\/p>\n","protected":false},"excerpt":{"rendered":"House Republicans fulfilled a key campaign promise on Monday, passing legislation to rescind the bulk of an IRS funding boost signed into law last year. This marks the first bill passed by the GOP-controlled House this Congress. The bill, which is unlikely to see action in the Democratic-controlled Senate, passed in a party-line 221-210 vote […]<\/p>\n","protected":false},"author":22,"featured_media":5973,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[4],"tags":[12726,3361,12725,12020,10953,10915,5677,11579,8648,11434],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2013\/07\/washington-dc.png?fit=326%2C320&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p3YlJ4-cOI","jetpack-related-posts":[{"id":12953,"url":"https:\/\/www.wrfalp.com\/congress-approves-homeland-security-funding-through-sept-30\/","url_meta":{"origin":49272,"position":0},"title":"Congress Approves Homeland Security Funding through Sept. 30","author":"WRFA Radio","date":"March 4, 2015","format":false,"excerpt":"WASHINGTON - The Homeland Security Department will continue to be funded until September of this year. That after Congress Tuesday approved a $40 billion homeland security spending measure despite the majority of Republicans voting against it. Chautauqua County's representative in Congress, Tom Reed (R-Corning), was one of 167 GOP members\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21546,"url":"https:\/\/www.wrfalp.com\/reed-comments-on-congresss-two-week-recess-and-upcoming-deadline-on-spending-bill\/","url_meta":{"origin":49272,"position":1},"title":"Reed Comments on Congress’s Two-Week Recess and Upcoming Deadline on Spending Bill","author":"WRFA Radio","date":"April 11, 2017","format":false,"excerpt":"WASHINGTON - Members of Congress are back home for the next two weeks after a tumultuous start to the session that saw the GOP-controlled House unable to repeal and replace the Affordable Care Act and Republicans in the Senate having to rewrite the rules in order to get a Supreme\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2016\/07\/Tom-Reed.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":21370,"url":"https:\/\/www.wrfalp.com\/congress-prepares-to-vote-on-healthcare-bill-that-has-local-implications-on-medicaid-costs\/","url_meta":{"origin":49272,"position":2},"title":"Congress Prepares to Vote on Healthcare Bill that Has Local Implications on Medicaid Costs","author":"WRFA Radio","date":"March 22, 2017","format":false,"excerpt":"WASHINGTON - President Donald Trump and House leaders are revving up pressure on balky Conservatives and other Republican lawmakers as crunch time approaches on the party's health care overhaul bill, a drive GOP leaders concede they can't afford to lose. The House plans to vote on the American Health Care\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2013\/07\/washington-dc.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":16190,"url":"https:\/\/www.wrfalp.com\/reed-announces-his-support-for-340-billion-federal-transportation-bill\/","url_meta":{"origin":49272,"position":3},"title":"Reed Announces His Support for $340 Billion Federal Transportation Bill","author":"WRFA Radio","date":"November 5, 2015","format":false,"excerpt":"WASHINGTON - The House of Representatives has taken up and approved a bill that impacts the life of just about every American on a daily basis. The Surface Transportation Reauthorization and Reform Act (the STRR Act) \u2013 sometimes simply referred to as the Transportation bill - is intended to help\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2013\/05\/reptomreed.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":6808,"url":"https:\/\/www.wrfalp.com\/government-shutdown-looms-as-house-senate-stand-firm-on-issue-of-obamacare\/","url_meta":{"origin":49272,"position":4},"title":"Government Shutdown Looms as House, Senate Stand Firm on Issue of Obamacare","author":"WRFA Radio","date":"September 30, 2013","format":false,"excerpt":"All signs are continuing to point to a government shutdown by midnight tonight. At issue is Congress\u2019s inability to pass a temporary government spending bill, largely due to the House of Representatives not wanting to fund the Affordable Care Act. The disagreement on ObamaCare funding appears that it will lead\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2013\/09\/washington-dc.png?fit=300%2C294&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6786,"url":"https:\/\/www.wrfalp.com\/morning-news-house-bill-slashes-40-billion-in-food-stamp-funding\/","url_meta":{"origin":49272,"position":5},"title":"MORNING NEWS: House Bill Slashes $40 Billion in Food Stamp Funding","author":"WRFA Radio","date":"September 20, 2013","format":false,"excerpt":"WASHINGTON - Chautauqua County's Congressman Tom Reed (R-Corning), along with 216 other Republicans in the House of Representatives, voted in favor of a bill Thursday that would significantly reduce funding for the federal Supplemental Nutrition Assistance Program (SNAP), more commonly known as the federal food stamp program. The funding cuts\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/posts\/49272"}],"collection":[{"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/comments?post=49272"}],"version-history":[{"count":1,"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/posts\/49272\/revisions"}],"predecessor-version":[{"id":49273,"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/posts\/49272\/revisions\/49273"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/media\/5973"}],"wp:attachment":[{"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/media?parent=49272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/categories?post=49272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/tags?post=49272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}