Sánchez to Speaker: Safeguard IRS funding in future appropriations bills

WASHINGTON – Ways and Means Oversight Subcommittee Ranking Member Linda T. Sánchez called on the Appropriations Committee to safeguard the Inflation Reduction Act’s investment in the Internal Revenue Service in any future appropriations bills. The IRA investment has ushered in a new era of service for taxpayers while also ramping up accountability efforts against the wealthiest tax cheats.

“The Inflation Reduction Act made a once-in-a-generation investment in modernizing the Internal Revenue Service and better equipping the agency to hold the wealthiest tax cheats accountable, and the results have been record-breaking,” said Ranking Member Sánchez. “Last year, at the behest of Republicans, $20 billion of the IRA investment was rescinded to keep the government open. Now, this latest appropriation bill requires the IRS to hold an additional $20 billion. This IRA funding is not an endless piggy bank, and House Republicans shouldn’t be protecting the wealthy and well-connected. As the ranking member of the Oversight Subcommittee on the Ways and Means Committee, I’m urging the speaker to safeguard this investment.”

The full letter is available HERE.

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