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House passes $22B bill cutting IRS tax enforcement

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Posted: Jul 16, 2014 3:15 PM by Andrew Taylor
Source: Associated Press

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Topics: House, budget, tax laws, financial regulations, IRS

WASHINGTON - The GOP-controlled House has passed a $22 billion measure that would slash budgets for enforcing tax laws and new financial regulations, and a healthy food initiative that's a pet cause of first lady Michelle Obama.

The bill passed Wednesday on a nearly party-line 228-195 vote.

Companion legislation has yet to advance in the Senate, and the White House has promised a veto of the House bill for numerous reasons, including a provision that would block the Internal Revenue Service from enforcing the requirement that individuals buy health insurance under the Affordable Care Act.

The GOP-drafted measure also denies the administration's $35 million request to help community development banks finance projects aimed at making healthy foods more available in neighborhoods that lack grocery stores.

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