House GOP Bill Provides Israel Aid But Cuts IRS Funding, Adding to Deficit
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House GOP bill provides $14.3B in aid to Israel but offsets it by cutting IRS funding, leading to $26.8B decline in revenue per CBO.
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Bill headed for Rules Committee and House floor vote this week as GOP challenge to Dems on Israel aid vs IRS enforcement.
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Speaker Johnson not surprised by CBO score showing bill adds billions to deficit. Calls it "Washington math."
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Democrats criticize bill as exploiting crisis to help tax cheats avoid taxes, with math complaining about debt while decreasing revenue.
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Senate Democrats have rejected bill, aiming to move Israel aid with Ukraine funding. Unlikely to pass upper chamber.
