The White House said Monday it would veto a House bill that would rescind $72 billion in funds for the IRS to hire new staff over the next decade
President Biden would veto a House bill that aims to strip $72 billion in funding for the IRS if it got to his desk.
"Far from protecting middle-class families or small businesses, H.R. 23 protects wealthy tax cheats at the expense of honest, middle-class taxpayers," the White House said in a statement.
Funding for the IRS was aimed at hiring both new agents and auditors, as well as support staff. The GOP bill that passed this week leaves in place funding to hire customer service help and technology improvements.CLICK HERE TO GET THE FOX NEWS APP Biden's veto threat is not expected to ever be needed as the bill is not expected to pass in the Senate, where Democrats hold a majority.
"If the President were presented with H.R. 23 – or any other bill that enables the wealthiest Americans and largest corporations to cheat on their taxes, while honest and hard-working Americans are left to pay the tab – he would veto it," the White House said in a statement.Get the latest updates from the 2024 campaign trail, exclusive interviews and more Fox News politics content.
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