|House Passage of Build Back Better Signals a New Day for the IRS|
House Passage of Build Back Better Signals a New Day for the IRS
The House last week passed the Build Back Better Act (H.R. 5376) which includes mandatory funding for the IRS of roughly $80 billion over the next 10 years.
The funding, which gradually ramps up each year, would facilitate the hiring and training of more than 86,000 employees to increase the workforce and replace tens of thousands of employees expected to leave the IRS through retirements and attrition.
The mandatory stream of funding is expected to generate billions in tax revenue and should help IRS employees in shrinking a growing tax gap that the IRS Commissioner said could reach $1 trillion a year.
The bill also includes a four-week partial wage replacement paid family leave for federal employees when they or a family member is seriously ill, building on the paid parental leave program already in place.
NTEU urges the Senate to quickly follow the House’s action and approve this bill. Read more