Inflation Reduction Act passes the Senate.

Basically every time a democrat President comes in after an R President crashes the economy.

Perhaps what you mean is when is the last time we reduced the debt (a budget surplus instead of a deficit), for a brief moment it happened under Clinton.

 

43M people have student loans... they arent all Democrats. I get the lure of buying this voter.

I am not sure what the plan is to address $1.8T in student debt but Im not in favor of moving that burden to the general taxpayer which includes people without college educations baring the burden of repayment.

Reform is needed not forgiveness IMO. Rest of your post is junk. The democrats have done more for the middle class this year than Republicans have in 4 decades.

 

Back on topic. This is a substantial win for Biden, the Democrats, and America. The right wing has no idea what to do about the progress Biden and the Democrats are making and are willing to hurt America if it means slowing the momentum the Democrats are building - the insulin vote was clear on that. While the democrats were trying to add insulin back to this bill the republicans submitted stuff like "declaring only women can get pregnant" ... yep.. more culture warfare. Thanks Rubio... that will really help Americans.

 

Why did they do that? Oh wait, the IRS was targeting conservative groups so much that the IRS issued an apology. So yeah, wonder why republicans would want to reduce the IRS work force…

This wasn’t complicated. The IRS played politics, and the Pubs hammered them for it.

 

Chuck Schumer says his caucus is excited.
I'm sure yours is too.

 

Deceptive marketing for more taxing and spending won't help your party.
We'll see how the public votes in the fall.

 

Holy crap, reading that made me think of the Billy Madison scene:

 

No Repubs gutted the IRS budget so their rich friends could more easily cheat on their taxes. Here's a history if you actually want to know.

How the IRS Was Gutted — ProPublica

 

Good try. The proof is the IRS apologized for treating conservative groups wrongly. Can’t be anymore blatant than that. You can try to have revisionist history but anyone who isn’t partisan would see that.

 

IRS targeted both conservative groups and liberal groups. If you'd read the link you would know that. And you'd know that Repubs started cutting the IRS budget long before that. The good news is that Dems are now correcting it by increasing the IRS budget and the IRS will be catching more tax cheats and reducing the budget deficit as a result. You want to bring the deficit down, don't you?

 

Yeah, targeted a few liberal groups. Vast majority were conservative. Just a lucky guess by the IRS…

Let’s actually see why we need to spend so much on the irs when Obama’s own IRS chair said that was way too much money to allot to the IRS. I’m not a fan of wasting money and this sounds like it will waste money or just target more minorities

 

You know, I didn’t think it was possible to look more foolish than you have in this thread, but you just went and topped it. I have never voted for trump in either election. You let me know the last time you didn’t vote dem. You keep playing politics

 

Doesn't sound like he thinks it's too much money in this letter he and 2 other former IRS commissioners wrote:

As former IRS commissioners, we have watched the agency closely over the years, and understand far too well that the status quo is not tenable: The IRS has a workforce that has shrunk to 1970s levels with technological infrastructure that is decades out-of-date and an audit rate that has dropped by 50 percent. The sustained, multi-year funding contained in the reconciliation package is critical to help the agency rebuild. That will mean vastly improved services for taxpayers, who will be able to interact with a modernized IRS in a digital way, whose questions will be answered and issues resolved promptly and fairly, and who will find it simpler to get access to the benefits and credits to which they are entitled. It will also mean the capacity to enforce the tax laws against sophisticated taxpayers who today evade their tax obligations freely, because they know that the IRS lacks the tools it needs to pursue them. To be sure, the vast majority of workers already pay what they owe, which is why the Administration has been clear that audit rates wouldn’t increase for families making under $400,000 annually. In fact, for ordinary Americans who already fulfill their tax obligations, audit scrutiny will decline, because the IRS will be better at selecting returns for examination. This bill is about getting to the heart of the problem and pursuing high-end taxpayers and corporations who today illegally evade their tax obligations.

Signed:
• Fred Goldberg, Commissioner of Internal Revenue 1989- 1992
• Charles Rossotti, Commissioner of Internal Revenue 1997-2002
• John Koskinen, Commissioner of Internal Revenue 2013

https://www.democrats.senate.gov/im...ll for Passage of Inflation Reduction Act.pdf

 

They started cutting the funds even prior to the targeting scandal as clearly shown by the graphs in the article that I posted (which showed the decrease in 2011) and had stated it as a goal dating back into the 90s.

 

Right now the Dems are picking up one in the Senate and will lose the house majority by 15-20. I bet that narrows.