This is the best summary I could come up with:
Lawmakers in both parties are growing increasingly concerned about where a handshake deal between the White House and former Speaker Kevin McCarthy (R-Calif.) on spending stands as they negotiate how the government should be funded next year.
But now that Congress is trying to ramp up its annual appropriations work, critical components of that months-old deal that were not reflected in the law are in question as ultraconservatives, in pursuit of steeper cuts amid climbing debt, say Speaker Mike Johnson (R-La.)
In a letter to Republicans this week, Johnson said the FRA remains “the law of the land” that “provides the framework” for spending talks as both chambers work to reach a top-line agreement for fiscal 2024 funding.
The IRS got $80 billion in additional funding last year, to be spent over the subsequent decade, in the Biden administration’s Inflation Reduction Act (IRA), much to the consternation of Republicans.
White House officials also noted plans to repurpose other rescissions from clawed-back coronavirus relief dollars, which they acknowledged are pulled back in the law.
“I think it’s very important that we hold to [$1.59 trillion], which was what the FRA agreed to,” Rep. Andrew Clyde (R-Ga.), a member of the House Freedom Caucus who is also an appropriator, said this week.
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