Bill 119 HR 374, also known as the "Rescinding IRS Balances and Redirecting to Customs and Border Protection Act," aims to rescind certain funds that were previously allocated to the Internal Revenue Service (IRS) and redirect them to the U.S. Customs and Border Protection (CBP).
The bill specifically targets unobligated balances within the IRS budget, meaning funds that have been allocated but not yet spent. These funds would be taken back from the IRS and transferred to the CBP to support their operations and initiatives.
Proponents of the bill argue that the CBP plays a crucial role in protecting the nation's borders and ensuring national security, and that reallocating funds from the IRS to the CBP would better serve the interests of the American people.
Opponents of the bill may argue that taking funds away from the IRS could potentially hinder their ability to effectively carry out their duties, such as enforcing tax laws and providing taxpayer services.
Overall, Bill 119 HR 374 seeks to reallocate funds from the IRS to the CBP in order to enhance border security and protect the nation's borders.