IRS Chief Claims $14.3 Billion Israel Aid Offset Would Cost $90 Billion: Report | Eastern North Carolina Now

The House GOP plan to offset billions of dollars in aid for Israel by cutting the same amount of money to the Internal Revenue Service (IRS) would end up being a costly one, said the head of the agency.

    Publisher's Note: This post appears here courtesy of the The Daily Wire. The author of this post is Daniel Chaitin.

    The House GOP plan to offset billions of dollars in aid for Israel by cutting the same amount of money to the Internal Revenue Service (IRS) would end up being a costly one, said the head of the agency.

    Backed by House Speaker Mike Johnson (R-LA), the proposal would provide $14.3 billion to Israel - which is fighting Iran-backed Hamas following its deadly terrorist attacks on Israeli soil earlier this month - while rescinding $14.3 billion in funds made available to the IRS.

    IRS Commissioner Daniel Werfel reportedly said the offset would cost $90 billion, according to Washington Post reporter Jacob Bogage, who conveyed the comments in a post to X on Tuesday. "All of those funds go to increased scrutiny on tax evasion going on at the highest wealth levels," Werfel said, adding that the IRS would be "leaving money on the table."


    The critique aligns with what Democrats in Congress have said in opposing the measure, which aims to further cut the budget of the IRS after President Joe Biden secured $80 billion through the Inflation Reduction Act to bolster and modernize the agency over 10 years - with an agenda to commit more than half of the money to enforcement, particularly in going after wealthy tax evaders - only for roughly $21 billion to get clawed back as part of a debt ceiling deal in June.

    In remarks on the Senate floor on Tuesday, Senate Majority Leader Chuck Schumer (D-NY) said he was "deeply troubled" by the House Republicans' "partisan" legislation not having funds for Ukraine, humanitarian assistance for Gaza, and the Indo-Pacific. Schumer also said the House GOP plan contained "poison pills" that benefit the wealthy "tax cheats" and would increase the deficit.

    Johnson, who is less than a week into the job as speaker, told Fox News that he hoped for bipartisan support for the House GOP plan, but acknowledged that the proposal was a "first draft." He also said the United States is "not just going to print money and send it overseas" and that he believes the American people would say that "standing with Israel and protecting the innocent over there is in our national interest and is a more immediate need than IRS agents."

    The plan has the support of conservatives. One person who praised Johnson was former House Speaker Newt Gingrich. "Speaker Mike Johnson made exactly the right decision to bring up the aid for Israel by itself without tying it to anything else," Gingrich said in a post to X. "It is also very encouraging that he is going to offset the aid for Israel with spending cuts to start cutting the deficit and fighting inflation. Great start for the new Speaker."

    President Joe Biden has asked Congress to approve roughly $106 billion in national security-related funds, including $14.3 billion for Israel, $61.4 billion for Ukraine, as well as money for Taiwan and the Indo-Pacific, humanitarian assistance, and border security. Two of his top Cabinet officials, Secretary of State Antony Blinken and Defense Secretary Lloyd Austin, testified before a Senate committee about the request on Tuesday.


    At the White House, National Security Council spokesman John Kirby said that Israel and Ukraine, which is engaged in armed conflict against Russian invaders, are "intertwined." Senate Minority Leader Mitch McConnell (R-KY) similarly said threats to the United States are "intertwined" and should not be ignored while calling for Washington to rally behind allies such as Israel and Ukraine.

    House Democrats sent a letter to Congressional Budget Office (CBO) Director Phillip Swagel on Tuesday seeking an analysis on the GOP proposal. The Republican measure had a provision that sought to "skirt around" a CBO score, noted Punchbowl News co-founder Jake Sherman.
Go Back


Latest State and Federal

Democrat strategist James Carville raged against the legacy media this week, demanding that they take an even more biased approach when reporting on former President Donald Trump.
Republican congressman Byron Donalds said it would be a “great honor” if former President Donald Trump were to ask him to be his running-mate for 2024, saying the ultimate goal is for Trump to win and he’ll do whatever he’s asked to help him do that.
Voters in Arizona will have the opportunity to enact broad border security measures in November as the state faces a flood of illegal immigration after the Republican-led state legislature passed a resolution that will put the measures on the general election ballot.
The former White House physician for Presidents Barack Obama and Donald Trump says that a new report this week about how President Joe Biden is struggling to function behind closed doors represents a serious threat to the U.S.
The Tikva Forum for Families of Hostages, an Israeli group created to represent the families of those taken during Hamas’ October 7 terrorist attack, urged President Joe Biden to stop interfering with Israel’s campaign to destroy the terrorist group.
After saying the six-foot social distancing guideline during the COVID-19 pandemic “sort of just appeared,” Dr. Anthony Fauci on Monday testified that his statement had been “distorted” and that it “actually” came from the Centers for Disease Control and Prevention (CDC).


The state Supreme Court has agreed to hear one of two pending cases involving North Carolina bar owners challenging Gov. Roy Cooper's COVID-related shutdowns in 2020.
The Biden administration canceled over 350,000 asylum cases, allowing migrants to stay in the United States indefinitely in a move that experts called “mass amnesty.”
Former White House medical advisor Anthony Fauci changed his view of COVID vaccines from 2021 to 2024, clips show.
The Department of Justice announced on Friday that 75-year-old Paula Paulette Harlow was sentenced to two years in prison for violating the Freedom of Access to Clinic Entrances Act by taking part in a “conspiracy” to block pregnant women from entering an abortion clinic in Washington, D.C.
A GOP-led House panel is seeking access to Dr. Anthoni Fauci‘s personal email accounts and cell phone records as part of an investigation into the origins of COVID-19.
Former President Donald Trump is considering having Tesla CEO Elon Musk serve in an advisory role if Trump reclaims the White House, according to a new report.



Back to Top