Debt ceiling cuts are small, modernization is still on track
Hussein 6-1-2023, analyst at AP News (Fatima, “Debt limit bill gives Republicans IRS cuts, but Democrats say they expect little near-term impact,” AP News, https://apnews.com/article/irs-debt-ceiling-budget-x-date-yellen-fe538fd8371cdf647400a27e6d56a9fb)//BB
Democrats expended a lot of political capital to get the IRS more money last year. They faced an onslaught of campaign ads, many of them misleading, about the expected hiring of 87,000 “new agents” to target low- and middle-class Americans. Now, Biden administration officials are offering assurances that the spending cuts secured by Republican negotiators will have minimal impact on the agency’s operations over the next few years. The agency is on course to still get nearly three-quarters of the $80 billion boost that Congress approved for it last year. And the agency has the flexibility to spend some of that money sooner than planned, officials stressed. “The IRS has the resources it needs in the near term to improve customer service and go after wealthy and corporate tax evaders,” Deputy Treasury Secretary Wally Adeyemo tweeted.