July 11, 2021
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6:20Now PlayingConservative mount opposition to IRS budget cuts. John Iadarola and Abelina Sabrina break it down on The Damage Report.
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"Conservative political groups are mobilizing against a key element of a bipartisan infrastructure deal, and their opposition could make it harder for the U.S. government to collect unpaid taxes.
Congressional Democrats and Republicans have agreed to increase funding for the Internal Revenue Service so that the agency can bring in more tax revenue, hoping the money can help pay down some of the infrastructure package’s expected price tag. The early contours of the infrastructure blueprint have won the White House’s support, but the IRS provision in particular is drawing opposition from well-funded conservative groups, which are strongly opposed to expanding the reach of a tax-collection agency that they long have alleged is politically motivated."
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