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The IRS unveiled its much-anticipated strategic operating plan detailing how the agency will spend $80 billion in funding allocated over 10 years under the Inflation Reduction Act.
President Joe Biden’s budget request would allocate billions of dollars for climate and low-carbon energy programs just as Republicans press for less environmental protection and more fossil fuel production.
It would be the fourth straight budget with no tax increase. Employee benefits, public safety and road repairs account for much of the spending.
"I believe this is the right direction to go for our state...It sets Hoosiers on a great path going forward with a lot of great opportunities," said state Rep. Jeff
During the address on Feb. 7, Biden claimed that the GOP wished to cut spending for Social Security and Medicare when discussing potential budget cuts.