Republicans set to vote on cutting $70 billion in Internal Revenue Service ... trends now
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The GOP's first legislative order of business under their new House control is to vote to cut back 90 percent of the IRS enforcement funding Democrats allocated last Congress.
On Monday evening the House will first debate and vote on its contentious rules package, negotiated by the new Speaker Kevin McCarthy with his right-wing detractors.
Next, the House will take up the Family and Small Business Taxpayer Protection Act - bill that would claw back $72 billion from the Internal Revenue Service (IRS) to prevent the agency from peering into the finances of more Americans.
The bill is likely dead-on-arrival in the Senate where Democrats have a 51-48 lead after Nebraska GOP Sen. Ben Sasse left to become president of the University of Florida on Monday.
Last year the Democratic-passed Inflation Reduction Act included $80 billion in new funding for the IRS to hire some 87,000 new agents.
Rep. Kevin McCarthy happily bangs the gavel after finally being elected Speaker of the House
The bill, put forth by Reps. Adrian Smith, R-Neb., and Michelle Steel, R-Calif., leaves in place the funding for customer service improvement and technological updates but rescinds funding for new audits.
Of the $80