Debt Deal’s IRS Funding Cut Proposal First Step Toward GOP Goal

An emerging debt-limit deal could be a small step toward Republicans achieving their goal of rolling back the IRS funding in the Inflation Reduction Act.

The in-the works agreement between Biden administration and House GOP lawmakers would slice $10 billion from the nearly $80 billion the IRS got in the Inflation Reduction Act.

House Republicans have voted twice to rescind more than $70 billion of those funds while leaving in place the funds for taxpayer services and business systems modernization. Of the $80 billion given to the agency in the IRA, $3.2 billion goes to customer service, $4.8 billion ...