One of Washington’s favorite punching bags, the Internal Revenue Service, may finally get the resources it’s been asking Congress for if Democrats get their economic package focused on energy and health care over the finish line. The deal worked out by Senate Majority Leader Chuck Schumer and West Virginia Sen. Joe Manchin looks to spend an extra $79.6 billion on the beleaguered agency over the next 10 years.
Sen. Tom Carper, D-Del., a longtime member of the Senate Finance Committee, said he hears the same thing from IRS commissioners every few years, regardless of whether they're serving a Republican or Democratic administration.Democrats see an opportunity to change that. More than half of their proposed spending increase would go to enforcement. The next biggest chunk, $25.3 billion, would go to operations support, such as rent, security and postage. Another $4.
“In a time of inflation, Democrats also want to spend $80 billion to roughly double the size of the IRS so they can take more money out of the American people through harassment and audits, using taxpayer money to make taxpayers' lives worse," Senate Republican leader Mitch McConnell said on the Senate floor Thursday.
“First, take care of good, honest taxpayers just trying to get basic assistance out of the IRS," said Sen. Steve Daines, R-Mont. The CBO projections indicate that the IRS measures represent about a sixth of the revenue raised by the bill, with that revenue going toward helping people buy private health coverage, boosting federal investments in renewable energy like wind and solar power, and paying down debt, among other things.
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