House Republicans went after the IRS when they decided that emergency aid for Israel should be coupled with cuts elsewhere in the budget. The aid bill that passed the House on Thursday is unlikely to be approved by the Democratic-controlled Senate.
Speaker of the House Mike Johnson, R-La., talks with reporters ahead of the debate and vote on supplemental aid to Israel, at the Capitol in Washington, Thursday, Nov. 2, 2023. Speaker of the House Mike Johnson, R-La., talks with reporters ahead of the debate and vote on supplemental aid to Israel, at the Capitol in Washington, Thursday, Nov. 2, 2023. Speaker of the House Mike Johnson, R-La.
“When you reduce those audits, you reduce the amount of money that we can collect and return to the Treasury for other priorities.” In June, legislation to raise the statutory debt limit also rescinded $1.4 billion given to the federal tax collector through the IRA. The debt deal also included a separate agreement to take $20 billion from the IRS over the next two years and divert that money to other nondefense programs, the White House said.
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