If Republicans take control of the House, they plan to immediately oversee IRS operations

If they are elected to control the House of Representatives, the Republicans will immediately take over oversight of the Internal Revenue Service.

Three Republicans are running for the House Ways and Means Committee’s leadership. This committee has jurisdiction over tax and trade policies in the House. Each said that shining a spotlight on the IRS’s practices and conduct is a top priority.

“Democrats have invested $80B into the agency to hire 87,000 IRS agents,” stated Rep. Vern Buchanan (a Florida Republican) who is the most senior member on the committee seeking to grant the gag. “Everyone is concerned about the actions of these IRS agents, and we are committed to holding them accountable.”

This view was also shared by Adrian Smith from Nebraska and Jason Smith, Missouri Republican.

Jason Smith thought to be in a tight race with Buchanan for the top spot on the committee, said that even if President Biden had not poured money into the IRS it would still be a target for oversight.

Jason Smith, the House Budget Committee’s top Republican, stated that “the American people are demanding oversight over this administration.” “They’ve seen an IRS targeted at conservatives over the years. They have seen an IRS where taxpayer information was leaked for political gain.

Republicans will not be content to just hold hearings or generate media coverage if they win the majority. Kevin McCarthy, R-Calif. House Minority Leader, has promised that the first bill Republicans vote on in January will be one by Adrian Smith, which would reduce funding for the IRS.

Adrian Smith stated, “I believe it’s important to strategically lay this out so that we can get some result through legislation to prevent these terrible things from happening again.”

Republicans quickly pointed out that the Ways and Means Committee would examine more than the hiring of additional IRS agents. The panel will investigate why the IRS has not been able to issue tax refunds on time due to a backlog of documents.

Buchanan stated that people are claiming that the IRS uses equipment from the 1970s to process returns. These issues are worthy of oversight. The agency is also responsible for fraud and taxpayer waste.

Buchanan and Smith said that fighting Chinese aggression was a top priority, besides IRS oversight. Republicans plan to use the power of the committee to stop companies controlled by the Chinese Communist Party from receiving taxpayer subsidies.

Jason Smith stated that “woke corporations, which have lost their American identity and are now beholden to China, need to be supervised vigorously.” These companies still demand handouts from American taxpayers as well as preferential tax treatment.

Bipartisan support is expected for Republicans’ plans to strengthen trade laws and amend the tax code to end Beijing-linked businesses being rewarded. Some people note that Biden has been urged by the Democratic congressional leadership to issue new disclosure guidelines regarding Chinese investment in the United States.

Buchanan stated that “we’ve been talking about China taking our technology for twenty years.” “It’s still happening today, I believe there’s a lot more appetite to crack down on China.”

Rep. Kevin Brady, a Texas Republican, decided to retire and made the top spot for GOP members on the Ways and Means Committee. The panel’s top Republican, Devin Nunes, resigned last January to accept a job at the media company of former President Donald Trump.

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