The House of Representatives on Monday passed legislation to repeal funding for 87,000 new IRS agents included in the $740 billion Inflation Reduction Act, which the Democrat-led chamber passed last year.
The lower chamber voted along party lines 221-210.
The successful vote represents a major early win for House Speaker Kevin McCarthy, who has just emerged from a tumultuous battle with his party’s conservative base, claiming the gavel after 15 votes with the promise of major rules concessions to the Republicans’ right wing.
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
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