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Senate Finance Committee Republicans are demanding that IRS Commissioner Charles Rettig provide detailed answers about how his agency is spending the extra $80 billion it got under President Joe Biden’s 2023 budget.
In a Sept. 22 letter previewing the toughened oversight the IRS will likely face if voters return Republicans to a Senate majority in November’s mid-term elections, the 14 GOP lawmakers told Rettig they aren’t interested in “vague plans by Treasury and the IRS on how it may spend” the huge budget increase.
“On Aug. 17, 2022, Treasury Secretary [Janet] Yellen asked you to work with Treasury’s deputy secretary to develop a detailed plan for spending nearly $80 billion in newly enacted mandatory IRS funding, which was part of the Inflation Reduction Act (IRA). The deadline for the plan is Feb. 17, 2023,” the letter said.
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