Kevin McCarthy just made his first big move as Speaker and it’s a great one.
The House just voted 221-210 to rescind over $70 billion in funding to the Internal Revenue Service (IRS) that would have gone toward hiring 87,000 new IRS agents.
This vote is a HUGE victory for taxpayers and small businesses alike, as it will prevent the government from further increasing its control over individuals’ financial lives.
It serves as a sign of support for small businesses and entrepreneurs from this new Congress. By reducing the number of IRS agents, they’re signaling commitment to allowing them to thrive without undue interference.
It also also serves as a sign of support for individual rights and privacy. Many citizens are concerned about the ever-increasing amount of personal information that is being collected by the government and the IRS. With this funding rescinded, the government will have fewer resources to collect and store this information, which will help to protect individual rights and privacy.
Overall, the vote to rescind over $70 billion in funding to the IRS is a victory for taxpayers and small businesses alike, and a sign of support for individual rights and privacy. It’s a step towards reducing the tax burden on Americans, encouraging small business growth and reining in the government’s power over citizens financial lives.