Senate Finance Grills Werfel on IRS Spending Plans
Werfel possesses a long history of bipartisan government service
This week, during a Senate Finance Committee hearing, Daniel Werfel, President Joe Biden’s nominee to serve as the next IRS commissioner, defended the agency’s additional $80 billion in funding authorized in the Inflation Reduction Act last year.
Werfel faced numerous questions from Senate Republicans about how the additional funding would be used. About $46 billion of the funding was allocated for enforcement and the rest to taxpayer services, operations support and modernizing business systems.
Werfel pledged not to expand tax audits on businesses and households making less than $400,000 per year; additionally, he said he would be “unyielding in following my true north to increase public trust” in the agency.
Werfel, who most recently worked at the Boston Consulting Group, has a long history of government service in the George W. Bush and Obama administrations and served as acting IRS commissioner in 2013, taking over after top agency officials resigned over a controversy involving the scrutiny of conservative groups applying for tax-exempt status.
This article was provided to OSAP by ASAE's Power of Associations and Inroads.