(CNS News) – When asked whether Congress will ever balance the federal budget, especially given that President Joe Biden’s budget proposal would rack up $14.5 trillion in cumulative deficits over the next 10 years, Sen. Tom Carper (D-Del.) said he did not know if Congress could do it.
However, he explained there are many ways to reap billions of dollars for the budget, starting with more funding for the IRS to make it more efficient, especially in collecting tax revenue.
At the U.S. Capitol on June 10, CNS News asked Carper, “President Biden has presented Congress with a budget that proposes running up $14.5 trillion in deficits over the next decade. Will Congress ever be able to balance the budget?”
The senator said, “Ever is a long time. I don’t know that we will be able to. But I think most of us understand the need for some fiscal responsibility. I like to say that if things are worth having, they’re worth paying for.”
He expanded on his answer saying, “One of the areas where I think we actually have a lot of bipartisan agreement is, believe it or not, with respect to funding for the IRS, and the ability for the IRS to hire the staff and incorporate the technology to better ensure that everybody is paying their fair share.”
“As it turns out, our friends at the GAO, every two years put out something called “high risk list” – places that are wasting money -- and one of their focal points for a decade now has been that we underfund the IRS. They don’t have the resources to provide decent customer service, and they don’t have the resources to make sure that particularly upper-income people and companies are paying their fair share.”
With respect to funding the Internal Revenue Service (IRS), he said “That’s a good place to start. And were not talking millions, we’re talking hundreds of billions of dollars.
CNS News again asked the senator if he thought Congress would ever balance the budget. He replied, “I don’t say when people ask me ‘ever’ or never, I shy away from those.”
“But, GAO, I’m a huge fan of GAO and Gene Dodaro who’s their controlling general. They give us a roadmap, if you will, of ways to save money and restore some fiscal sanity in our federal government. We should use that as a roadmap. There’s a lot of bipartisan agreement in this and I’m going to be a leader in that, Thank you.”