Pelosi threatens year-long continuing resolution ‘last resort’ as incoming GOP House majority eyes defunding the 87,000 new IRS agents

 Outgoing House Speaker Nancy Pelosi (D-Calif.) has issued an ultimatum to House and Senate negotiators of the year-end omnibus bill

• either they "reach a solution" or else the House will "have no choice" but to just pass the same bill they passed last year via a year-long continuing resolution
• effectively freezing federal spending.

A year-long continuing resolution would effectively lock in the previous $79.6 billion of appropriations made in the Inflation Reduction Act

• If a short-term continuing resolution were passed, incoming House Speaker Kevin McCarthy (R-Calif.) or whoever else might become Speaker on the Republican side would get another crack at the omnibus spending bill in a bid to remove the 87,000 new IRS agents

What's the rush?

• House and Senate lawmakers have yet to come to an agreement on either an omnibus spending bill or another continuing resolution for fiscal year 2023, but with funding running out on Dec. 16, and the gavel changing hands in January, time for Pelosi is running short.

https://dailytorch.com/2022/12/pelosi-threatens-year-long-continuing-resolution-last-resort-as-incoming-gop-house-majority-eyes-defunding-the-87000-new-irs-agents/?eType=EmailBlastContent&eId=3c1e702e-104f-4c5a-8724-7b349ced9922