House GOP’s Israel Bill, With IRS Cuts, Would Add $27 Billion to the Deficit
A bill introduced by House Republicans on Monday would provide $14 billion in funding for Israel, but do it in a way that helps the rich avoid taxes. As a result, the nonpartisan Congressional Budget Office now predicts the proposal would add nearly $27 billion to the national debt.
https://www.motherjones.com/mojo-wire/2023/11/irs-cuts-house-republicans-israel-aid-bill-deficit/Open linkView original on lemmy.world264
Comments18
"We can kill brown kids, give the rich a tax cut, and help Russia.... It's all coming together" -The GOP
If only there was a way they could incorporate the oppression or objectification of women and the LGBTQ community....😢 /s
Oh, that’s in a separate bill, silly!
An increase to the deficit that Republicans will then use as justification for further cuts.
Only for poor people and the environment, of course.
Honestly, if this doesn't pass, then the IRS doesn't getting defunded, and Israel gets less ammo for it's genocide. I think I'm alright with this.
These guys seem like some real jerks.
I'm starting to think a few of them may be a bit disingenuous.
I'm glad someone did the math. Because the IRS funding was how Democrats paid for part of the Inflation Reduction Act, and that was as scored by the nonpartisan Congressional Budget Office.
Seems like getting rid of that funding shouldn't also be a way to pay for Israel money.
There's no rule against just doing two things and not paying for it (other than they promised they wouldn't), I just hate that it was being framed as a pay-for. It obviously is not, and everyone impartial to the politics would tell you that.
If you add two negatives you get a positive!!!
Don't pass it.
This is as republican stained as it looks.
Warmed up tea party BS still smells the same.
So $13 billion for the rich?
Didn’t the irs recently report almost $630 billion in unpaid taxes just from this year? No wonder the gop want them defunded.
Republicans are great for the economy!
If you defund it they will coom.
What does Israel need?