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[quote=Anonymous][quote=Anonymous][quote=Anonymous]House passed bill with Israel funding. Does this increase odds for shutdown on the 17th? [/quote] [b]The House bill is a GOP bill that offsets Israel funding with cuts to IRS funding. [/b] That’s a non-starter with Dems and Schumer has already said the Senate won’t take it up. The House GOP supports funding Israel in theory, but if they demand offsetting those funds domestically, as they are now, there’s going to be a stalemate. That’s why I think we get a CR with no Israel funding.[/quote] Everyone on the Democratic side of the House aisle and in the Senate and in the White House, know this is a non-starter. Schumer has already said that the House GOP bill is DOA in the Senate. The problem is that the $14B cut to the IRS will cost much more money. One estimate is that it will cost the US $26B and another is that it will cost $90B. Cutting the tax collection and auditing staff (which is where the money will be taken from) means that there are fewer people in those work areas and fewer audits and less tax return checking. And that means that the top 1% will be more able to defraud the government with improperly doctored tax returns, can avoid paying back taxes and penalties, tie up the the IRS with lawyers so that they don't end up paying. You get the people like Trump who paid $750 in 2017. And with staff cuts, the IRS won't be able to do anything about it. Since Biden implemented increases in IRS staffing in the auditing and collections area, the IRS has collected ballpark $25B in back taxes, unpaid taxes and penalties since Biden entered office, which is a huge increase over how much they collected in previous years. So, the GOP House Bill will cost the federal government a lot of lost revenue. It is dead. The longer they spend trying to fend off the House GOP's terrible plan, the less time they have to work on an actual working plan. So, the House GOP pretty much just made their move for a government shutdown.[/quote]
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