House Speaker Mike Johnson, R-La., has proposed a bill to provide $14.3 billion in aid to Israel, but with a catch - the same amount of money would be cut from the Internal Revenue Service (IRS) budget. This move by Republicans has drawn criticism, with experts arguing that cutting IRS funding would actually increase the national debt rather than reduce it. It is believed that the proposal is an attempt to appease high-income and corporate GOP donors while exploiting the hot-button issue of Israel.
The proposed cuts to the IRS budget would roll back the agency's expansion under the Inflation Reduction Act and affect increased enforcement and a new online tax filing portal. This would ultimately benefit wealthy tax evaders and corporations that profit from the current complex tax filing system.
President Joe Biden had called for international aid to both Israel and Ukraine, but Johnson's proposal focuses solely on Israel. The move has been criticized for undermining Biden's attempts to exert US leadership overseas and for creating partisan division that could hinder the country's global commitments.
It remains to be seen whether Johnson's bill will gain traction, as Democrats control the Senate and the White House. However, the proposal highlights the priorities and motives of the Republican Party.