Budget Blueprint Raises IRS Enforcement Funds | AccountingWEB

Budget Blueprint Raises IRS Enforcement Funds

The budget blueprint for fiscal years 2008 through 2012 approved by the Senate Budget Committee provides special treatment to increased funding for IRS tax enforcement.

The budget resolution would allow the government to break its discretionary spending limit for 2008 in order to total up to $399 million specifically earmarked for enforcement, if and when $6.83 billion was already provided for enforcement.

President Bush previously requested $4.93 billion for IRS enforcement in his FY '08 budget.

NAEA E@lert notes that the only binding feature of the budget resolution is its establishment of a spending limit for all discretionary government spending; the appropriations committees will decide how much enforcement funding the IRS will receive.

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