"Controversial GOP Proposal: Funding Israel Aid by Cutting IRS Budget Raises Concerns"

The House Republicans' plan to fund emergency aid to Israel by cutting the Internal Revenue Service's budget would increase the deficit by $90 billion over 10 years, according to the IRS commissioner. The proposed cuts would reduce audits of the wealthy and large corporations, hampering the agency's ability to collect revenue. The nonpartisan Congressional Budget Office previously estimated that the IRS expansion would cut the deficit by over $100 billion. The GOP bill does not specify how it would cut $14 billion from the IRS expansion, and it would also prohibit the CBO from counting the legislation against existing domestic spending caps. The IRS commissioner's estimate complicates the GOP's attempts to portray President Biden as fiscally irresponsible. Some Republicans have criticized the plan, while others see it as a strategy to attack federal spending and unify Republican support for the bill.