That funding, which the IRS has credited with improved customer service and speedier tax return processing, has been a frequent target of hysterical and false Republican rhetoric, with GOP lawmakers repeatedly raising the specter of armed IRS agents descending on ordinary Americans' homes and small businesses. barrels toward a debt default crisis of the GOP's making, would repeal most of the $80 billion in Internal Revenue Service (IRS) funding that Democratic lawmakers and President Joe Biden approved last year as part of the Inflation Reduction Act. The Limit, Save, Grow Act of 2023, unveiled by the House Republican leadership as the U.S. The Democratic chair of the Senate Finance Committee said Wednesday that the House GOP's newly released debt ceiling legislation shows that the often fractious right-wing caucus is unified around at least one common objective: "Helping rich people cheat on their taxes."
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