The GOP-led House of Representatives’ first bill is to cut back funding for 87,000 new Internal Revenue Service (IRS) agents.
The House just approved its first bill: "repealing IRS funding."
Speaker Kevin McCarthy said after banging the gavel "Promises Made." pic.twitter.com/BBrjuSamzd
— Real Mac Report (@RealMacReport) January 10, 2023
Newly elected House Speaker Kevin McCarthy’s earlier pledged this would be the first bill the GOP passed.
“I know the night is late, but when we come back our very first bill will repeal the funding for 87,000 new IRS agents,” McCarthy said. He did not say when the bill would be introduced on the House floor, but added that Republicans “believe government should be to help you, not go after you.”
House Majority Leader Steve Scalise said in a recent letter there is “ready-to-go” legislation that will be brought to the House floor in the first two weeks of 2023.
The IRS was given a nearly an $80 billion boost in funding under the Inflation Reduction Act, which passed Congress last year. The GOP has argued that the IRS would take the funding and use it to target Americans with more audits.
Treasury Secretary Janet Yellen claimed last year said that new funding will allow the IRS to modernize and squeeze wealthier Americans for more tax revenue.
“The Inflation Reduction Act finally provides the funding to transform the IRS into a 21st century agency,” Yellen said in September. “While all the improvements won’t be done overnight, taxpayers can expect to feel real differences during the next filing season.”
The House’s passage of the bill to repeal the recent IRS funding could run into resistance in the Senate and President Joe Biden could move to veto the GOP measure.
“As speaker of the House, my ultimate responsibility is not to my party, my conference, or even our Congress,” McCarthy said. “My responsibility, our responsibility, is to our country.”
Earlier on Monday, the GOP-led House passed a Rules Package that would help decentralize power from Speaker McCarthy.
“PASSED!” Rep. Scott Perry (R-PA) proclaimed. “We now have the tools to stop trillions in reckless spending, special interest handouts, secret last-minute deals, and other abuses. We have the ability to hold our leadership accountable on their promises to the American People to dismantle the radical Biden agenda.”
PASSED! We now have the tools to stop trillions in reckless spending, special interest handouts, secret last-minute deals, and other abuses. We have the ability to hold our leadership accountable on their promises to the American People to dismantle the radical Biden agenda.
— RepScottPerry (@RepScottPerry) January 10, 2023
One of these tools is a carve-out that would allow the House of Representatives to directly fire federal officials.
On Saturday night, Matt Gaetz revealed what the protracted battle against the McCarthy camp was all about.
This is what we’ve been fighting for https://t.co/7ZSvILkqCM
— Matt Gaetz (@mattgaetz) January 8, 2023
“This is what we’ve been fighting for,” Gaetz said in response to an NBC News report on the McCarthy concessions.
The report notes that these provisions include a vote on “cutting IRS funding, restricting migration and curtailing abortion.”
Follow Kyle Becker on Twitter @kylenabecker.