General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsFirst bill under Speaker McCarthy will cost taxpayers more than $100 billion
Kevin McCarthy promised on his first day as Speaker of the House that Members would read every single word of the Constitution aloud from the floor of the House. He also promised to fight for a strong, fiscally responsible, and free America.
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Instead, during his acceptance speech when he was elected Speaker on the fifteenth try, McCarthy promised, Our very first bill will repeal the funding for 87,000 new IRS agents.
There is no funding for 87,000 IRS agents, as The New York Times and others have fact-checked. There is funding to replace retiring IRS agents, upgrade the agencys technology, and cut wait times in half by hiring more agents to answer consumer phone calls.
-snip-
The Wall Street Journals Richard Rubin, who covers tax policy, writes that the Congressional Budget Office has scored McCarthys bill and says it will increase the deficit by $114 billion.
https://www.msn.com/en-us/money/taxes/first-bill-under-speaker-mccarthy-will-cost-taxpayers-more-than-100-billion/ar-AA169kfD
White House Issues First Veto Threat Of New Congress Against Republican IRS Bill
The White House made its first veto threat of the new Congress Monday, targeting a House Republican bill that would rescind funding allotted to the IRS in the Inflation Reduction Act, which President Joe Biden signed into law last summer.
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.
If the President were presented with H.R. 23 or any other bill that enables the wealthiest Americans and largest corporations to cheat on their taxes, while honest and hard-working Americans are left to pay the tab he would veto it, it added.
Such a bill, should it pass the House, would almost certainly never survive the Democratic-controlled Senate to reach Bidens desk.
https://www.msn.com/en-us/news/politics/white-house-issues-first-veto-threat-of-new-congress-against-republican-irs-bill/ar-AA169riL
grumpyduck
(6,240 posts)The Senate can channel the turtle and sit on it forever.
Mr.Bill
(24,300 posts)Roe v Wade.
KentuckyWoman
(6,679 posts)They could scuttle everything with that. In all seriousness.
AZLD4Candidate
(5,692 posts)calimary
(81,297 posts)Yes, Im SHOUTING!!!
ecstatic
(32,705 posts)No matter what the facts are, Americans aren't going to like the sound of 87k IRS agents. Period. We have to be emotionally intelligent here.
panader0
(25,816 posts)Many agents are retiring, further restricting the ability to tax the rich especially, as their taxes are
more complex than the average American pays. The agents are needed, and the repubs are trying.
once again, to protect the rich. Much of the bills that Biden has passed are based on additional taxes
from from folks making over 400k. Dems believe in facts, Repubs, not so much.
MichMan
(11,932 posts)If those positions are currently staffed, aren't they already in the IRS budget & how are they being paid for now ? If the agents weren't retiring, wouldn't they still be getting paid ?
panader0
(25,816 posts)short haned already. Extra agents are needed to review the larger taxpayers. Biden made taxing the folks
who earned over 400,000 grand a basis of his programs that need the taxes.
grumpyduck
(6,240 posts)He could just say the bill hasn't landed on his desk yet so he hasn't read it and doesn't know if he would sign it. So fuck you MSM.
Wounded Bear
(58,661 posts)grumpyduck
(6,240 posts)Now it's the Democrats' turn.
calimary
(81,297 posts)DO IT, Dems!!!
Taste of their own medicine. See how they like it.
johnnyfins
(823 posts)To know that Kevin McCarthy has wanted to be speaker for so long, and has given up everything under the sun. In the end, he really is powerless. Giant NO signs from Joe and the Senate will ensure that he can do NOTHING. Just desserts for that fucking worm...
johnnyfins
(823 posts)I was the popcorn vendor for the house democrats for the next 2 years. Easy money...
Turbineguy
(37,337 posts)because democrats fight them tooth and nail and keep them (mostly) from doing the harm they so desperately want to do.
If they are allowed to do their harm, they would have a tougher time getting elected.
dai13sy
(336 posts)Okay I'm all ready for McCarthy and the do-nothing House. Seriously, someone has eaten McCarthy's brain if he thinks things will be easy peasy for him. Can't wait to see him pissed off again
ChazInAz
(2,569 posts)After Faust signed his contract, Mephistopheles showed him a really good time before claiming his soul.
Kev just sold his soul and got nothing out of it.
Genki Hikari
(1,766 posts)Of telling ol' Kev
F
and
U
and the traitor pony you rode in on.
Danascot
(4,690 posts)the White House or other dem spokespeople should take the opportunity to respond with facts about why it's idiotic. It won't impact the MAGAs but ordinary voters can be informed about each terrible idea they try to pass.