McCarthy Says First Order This is Business Will Be Repealing Funding For 87k New IRS Agents

Representative Kevin McCarthy This is California Voted Speaker of the House Late Friday Night after 15 rounds, he delivered his acceptance speech in which he stated the first act of the new 118th. Congress Under his leadership, he will be to “appeal the funding for 87,000 new IRS agents.”

“I know the night is late,” McCarthy stated. “But when we come back, our very first bill will appeal the funding for 87,000. You see, we believe government should be to help you not go after you.”

The The new 87,000 IRS agents are a result of the Inflation Reduction Act, 755-page, $739 billion Spending plan that passed the United States Senate on August 7 Along party lines Vice President Kamala Harris You will need to cast the tiebreaking vote. It Later, the House Signed into law Joe Biden.

The An accounting of law increase in the size of the IRS, creating positions for nearly 87,000 new IRS agents, 70,000 of whom will be armed. The The act’s $739billion price tag was $80billion due to IRS expansion. 

According To the Congressional Budget OfficeThe IRS expansion will disproportionately target and harm small business owners.

Executive Vice President You can find the National Taxpayers Union Foundation, Joe Hinchman, said, “The IRS will have to target small and medium businesses because they won’t fight back.” 

Voting McCarthy began on Tuesday He went through several rounds before he reached the threshold to become a majority. Speaker. After 20 GOP representatives didn’t vote for McCarthy in several rounds. 14 of them flipped and voted in support. FridayDuring the 12th round of voting.

McCarthy had made major concessions with the 20 by creating a Church-style committee, single subject bills, one congressman to present a motion to vacate Speaker’s chair, and allowing for a vote on term limits.

After The 14 were able to accept the concessions. Florida Representative Matt GaetzTogether with Colorado Representative Lauren BoebertMcCarthy was acquitted and he was joined by other GOP members. Reps. Biggs, Crane, Good And Rosenthal Until the final vote.