President Biden’s Fiscal Year (FY) 2024 budget request calls for an additional 43.2 billion for the IRS and bizarre woke and climate priorities for Treasury over improving the dysfunctional IRS.
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Biden Doubles Down on Supercharged IRS with $43.2 Billion Request.
- The Administration’s $43.2 billion boondoggle breaks down like this:
- $14.1 billion annual budget request for FY 2024 – a 15 percent increase.
- An additional $29.1 billion in mandatory funding for enforcement and operations.
- Honest, hardworking American families are worried that the $80 billion from last year will mean more audits and government monitoring. Now the Biden Administration wants to add another $43.2 billion for the IRS, including $39.5 billion – more than 91 percent of requested funding – dedicated solely to enforcement and operations.
Bizarre Woke and Climate Priorities Leave Taxpayers Behind.
- Install the Woke Agenda into the Treasury Department, the IRS, and the Tax Code: President Biden is seeking to “Advance equity across all Treasury programs.”
- Put radical environmentalist policies at the forefront of Treasury: President Biden wants hardworking taxpayers to “support Treasury’s Climate Hub” and “establish a climate-related technical support center to conduct assessments of climate-related risks across government programs.”
- Audit the middle class and small businesses: The President is not proposing any protections from increased audits for taxpayers making less than $400,000.
- Continue the abuse of taxpayers’ privacy: There is no proposal that would protect the confidentiality of taxpayer information at the IRS following the massive leak to ProPublica nearly two years ago.
- Monitor Americans selling used couches: There is no mention of relief for taxpayers from onerous information reporting requirements for the basic act of selling a couch or a concert ticket online.
Bottom line: The Biden Budget is yet another step in the Democrats’ long-term plan to squeeze every penny out of honest Americans through tax increases and aggressive auditing from a supercharged IRS.