Squeaker of the House McCarthy bragged today, 1/12/23:
In the first 5 days of the Republican-controlled House we: Stripped funding for 87,000 IRS agents
He, like Trump, loves the poorly educated. Why else would he make such a false statement.
In actuality, the Gooper House didn't "strip" funding for the 87,000 IRS employees.
The Gooper House merely placed a vote against funding for the IRS. Squeaker McCarthy failed to mention the next step, which is the Senate, where it's certain to be DOA.
If, by some miracle, it survives, it will be vetoed by Biden.
TRUTH: Squeaker McCarthy is gaslighting his "poorly educated" Trumpers.
...are wasting taxpayers' money by threatening to rescind funding allotted to the IRS in the Inflation Reduction Act, which President Joe Biden signed into law last summer.
President Biden will veto it.
First CBO score of the new Congress is here. It says that the GOP IRS funding bill would reduce spending by $71.5B and reduce revenue by $185.8B.
Net deficit increase of $114B.
Goopers want to protect the rich tax cheats that line their pockets.
“This reckless bill would increase the deficit by nearly $115 billion over 10 years per an estimate by the Congressional Budget Office by enabling wealthy tax cheats to engage in additional tax fraud and avoidance,” the administration said in a statement, citing the score released Monday. --TPM