CNBC
January 11, 2023
House Republicans on Monday night voted to slash funding for the IRS, following a pledge to repeal the nearly $80 billion approved by Congress last year.
However, the measure doesn’t have the support to pass in the Democratic-controlled Senate, and the White House has already opposed the bill.
House Republicans on Monday night voted to slash funding for the IRS, following a pledge from newly-elected Speaker Kevin McCarthy to repeal the money approved by Congress last year.