Smith on Bill Rescinding IRS Funding

(Washington, DC) Missouri United States Eight District Congressman, Jason Smith, says the Internal Revenue Service does not need a raise, it needs a reckoning after Democrats passed rules last year to supercharge the organization to hire 87,000 new agents to target and increase audits on working families and small businesses. Smith says a bill put forth by House Republicans would cancel the $80 billion pay raise Washington Democrats gave the IRS in their Inflation Reduction Act.

According to Smith the Congressional Budget Office has affirmed families making less than $400,000 per year would be subjected to increased enforcement and audits by the IRS. Smith made his comments on the House floor this week.