Skip to content
Ticker Tape
Finance Prepper

Finance Prepper

Real Polls

Menu
  • HOME
  • Daily Poll
  • Cryptocurrency
  • Finance

GOP Vows To Defund Who?

by Market FinancePosted onOctober 8, 2022October 8, 2022

This is big challenge.

Republicans have promised to defund the IRS heading into the November midterm elections however many Americans don’t understand just how massive and challenging that promise is going to be for the GOP.

According to The Hill, Republicans have vowed to take back the $80 billion in IRS funding which was given to them by the Democrats. They also plan to stop the IRS from hiring 80,000 or more new IRS agents as well.

Republican House Leader Kevin McCarthy has promised that if the GOP takes control of the house they will immediately pass a bill to repeal the IRS agents.

However many people are concerned that with President Biden still sitting in the White House and Republicans having possibly a slim majority in the Senate will still prevent them from defunding the IRS.

Democrat Rep. Bill Pascrell told to The Hill, “Republicans are openly vowing that their number one priority if they retake power is to delay Americans’ tax refund checks and make it even easier for millionaires to cheat on their taxes. After years of deliberate Republican sabotage of the IRS, the Inflation Reduction Act will finally give IRS resources to process returns faster, answer the phone, and crack down on big business tax cheats.”  

While the Republican Party has sworn to defund the IRS, it’s beginning to look like it won’t be an easy battle for them to win.

Popular This Week

Garth Brooks Flips On Republicans

Essential Business Flees Democrat City

Democrats Paying Illegals How Much Per Week?

Retailer’s Solution To Stop Democrat Endorsed Theft

Trump vs DeSantis: Who Will Really Fix U.S. Economy?

Democrats Cause Major Retailer To Go Belly Up

White House Escalates Problems With China

$4,555 Social Security Checks On The Way?

Americans Kiss Their Jobs Goodbye

GOP Sounds Alarm, Retirement Doomed

Posted in FinanceTagged amazon, AMC, Biden, Bitcoin, bitcoin merchant account, bitcoin mining cloud computing, bitcoin stock chart, business, buy stocks with bitcoin, car insurance, company, crisis, crypto, cryptocurrency, Doge, DOW, DOW Jones, ethereum, Finance, GME, how to invest in bitcoin stock, inflation, investing, market, mortgage, oil, OPEC, Poll, real estate, S&P, S&P 500, stock market, stocks, supply chain, Tax, taxation, Tesla, trading

Published by Market Finance

View all posts by Market Finance

Post navigation

Prev Biden’s Biggest Gamble Yet
Next Unemployment Rate Falls To 50 Year Low, Is Biden Responsible?
Powered by Investing.com

What’s Your Opinion?

  • Garth Brooks Flips On Republicans
  • Essential Business Flees Democrat City
  • Biden Says He Added More Jobs Than Any Other President, You Agree?
  • Democrats Paying Illegals How Much Per Week?
  • Retailer’s Solution To Stop Democrat Endorsed Theft

Tags

amazon AMC Biden Bitcoin bitcoin merchant account bitcoin mining cloud computing bitcoin stock chart business buy stocks with bitcoin car insurance company conservatives crisis crypto cryptocurrency Doge DOW DOW Jones election ethereum Finance GME Harris how to invest in bitcoin stock inflation investing Joe Biden Kamala market mortgage news oil OPEC Poll real estate republican S&P S&P 500 stock market stocks supply chain Tax taxation Tesla trading
Amphibious Theme by TemplatePocket ⋅ Powered by WordPress