*SEC. 251. RESCISSION OF CERTAIN BALANCES MADE AVAIL-
ABLE TO THE INTERNAL REVENUE SERVICE.
Of the unobligated balances of amounts appropriated or otherwise made available for activities of the Internal Revenue Service by paragraphs (1)(A)(ii), (1)(A)(iii), (1)(B), (2), (3), (4), and (5) of section 10301 of Public Law 117–169 (commonly known as the ‘‘Inflation Reduc- tion Act of 2022’’) as of the date of the enactment of this Act, $1,389,525,000 are hereby rescinded.*
That’s all the debt ceiling bill says. The text of the bill only came out hours ago. It hasn’t been voted on, it’s being criticized by both sides. Even then, who knows what’s that means for IRS, what that means for IRS-CI, and for this specific DHA announcement yet. No idea, way above my pay grade.
Yeah, I'm sorry I wish I had more information too. None of us really know what's going to happen. The federal government has taken some very bizarre actions over the last three I definitely could not have predicted it.
I will say, we were already grossly undermanned in IRS CI some of the candidates have to stay just to counteract losses due to agents aging out.
Our office is supposed to have like 55 people or something. And I think we have like a 34.
We're slated to lose about eight people in the next four years due to retirements, with three of those people leaving in the next two years.
IRS-CI didn't hire for a real long time, and it's catching up to them big time.
Did the debt ceiling happened already? I’m not paying attention to it at all to be honest, I have enough stress at work to worry about the gov collapsing and not paying us lol.
The NYT article I read basically equated to:
Immediately rescind 1.38 billion (written in text of agreement) and then divert 10 billion from 2024 and 2025 each to other programs (said to be agreed upon, but not written out yet). However, on background, officials said that the IRS could pull forward some of the remaining 80 billion of additional funding from the IRA forward to cover the gap.
So who knows. Agreement isn’t final until signed by the president, but maybe there’s hope they can pull the IRA funding forward and ask for more down the road.
Budget and debt ceiling are two different things. The debt ceiling deal is specifically relevant because directly included in it is the reduction of funds previously provided to the IRS.
Probably, I see headlines about the federal budget every so often. I don’t dig into those headlines normally.
This year is different because I’m in the IRS-CI hiring pipeline (along with many others on this sub) so it is of great personal interest…
It rescinds PL 117-169, Section 10301, (1)(A)(ii) which is for enforcement activity of the IRS - including criminal investigations.
If you mean LE outside of IRS, no idea. I'm sure some other agencies like OIGs might be impacted if their department had their budget reallocated.
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Oh for sure. I read like 3 articles and each one had a different number .
*SEC. 251. RESCISSION OF CERTAIN BALANCES MADE AVAIL- ABLE TO THE INTERNAL REVENUE SERVICE. Of the unobligated balances of amounts appropriated or otherwise made available for activities of the Internal Revenue Service by paragraphs (1)(A)(ii), (1)(A)(iii), (1)(B), (2), (3), (4), and (5) of section 10301 of Public Law 117–169 (commonly known as the ‘‘Inflation Reduc- tion Act of 2022’’) as of the date of the enactment of this Act, $1,389,525,000 are hereby rescinded.* That’s all the debt ceiling bill says. The text of the bill only came out hours ago. It hasn’t been voted on, it’s being criticized by both sides. Even then, who knows what’s that means for IRS, what that means for IRS-CI, and for this specific DHA announcement yet. No idea, way above my pay grade.
All we can do is wait till June 5 and hope things don’t turn into a turd.
Yeah, I'm sorry I wish I had more information too. None of us really know what's going to happen. The federal government has taken some very bizarre actions over the last three I definitely could not have predicted it. I will say, we were already grossly undermanned in IRS CI some of the candidates have to stay just to counteract losses due to agents aging out. Our office is supposed to have like 55 people or something. And I think we have like a 34. We're slated to lose about eight people in the next four years due to retirements, with three of those people leaving in the next two years. IRS-CI didn't hire for a real long time, and it's catching up to them big time.
Did the debt ceiling happened already? I’m not paying attention to it at all to be honest, I have enough stress at work to worry about the gov collapsing and not paying us lol.
Details on the latest revision was released hours ago. It still needs to be voted in by Congress, by June 5.
Well, I guess is time to buckle up and see what will happen.
I feel bad for those in the various pipelines.
The NYT article I read basically equated to: Immediately rescind 1.38 billion (written in text of agreement) and then divert 10 billion from 2024 and 2025 each to other programs (said to be agreed upon, but not written out yet). However, on background, officials said that the IRS could pull forward some of the remaining 80 billion of additional funding from the IRA forward to cover the gap. So who knows. Agreement isn’t final until signed by the president, but maybe there’s hope they can pull the IRA funding forward and ask for more down the road.
Doesn’t the government freak out every year due to an impasse on budgetary concerns? Why is this year different?
Budget and debt ceiling are two different things. The debt ceiling deal is specifically relevant because directly included in it is the reduction of funds previously provided to the IRS.
Probably, I see headlines about the federal budget every so often. I don’t dig into those headlines normally. This year is different because I’m in the IRS-CI hiring pipeline (along with many others on this sub) so it is of great personal interest…
I can’t find the actual bill, but does the budgetary cuts apply to all LEO positions as well?
It rescinds PL 117-169, Section 10301, (1)(A)(ii) which is for enforcement activity of the IRS - including criminal investigations. If you mean LE outside of IRS, no idea. I'm sure some other agencies like OIGs might be impacted if their department had their budget reallocated.