Mike Quigley: “First, I want to thank staff on both sides for putting this together. On the majority side: Laura, Marybeth, Elliot…”

“First, I want to thank staff on both sides for putting this together. On the majority side: Laura, Marybeth, Elliot, Aalok, Parker, and Matt. On the minority side, John Martens; and from my own staff, Charlie and Max. I do want to thank Mr. Womack, the ranking member, who is a friend, a gentleman, and very easy to work with at a complicated time and his apparent insistence on being a Cardinals fan, as he just raised. He doesn't seem to mind when I bring up the St. Louis professional football and basketball teams, but we will leave that to another day. As to the bill, the bill recommends $29 billion. This is an increase of $4.8 billion over the comparable year of 2021. It includes $13.6 billion for the IRS, an increase of $1.7 billion above fiscal 2021, a first step toward restoring the cuts this agency has suffered. The increase will improve enforcement activities and support better customer service. Notably, the bill includes $330 million for Community Development Financial Institutions, which is $60 million above the fiscal year 2021 level to provide critical resources to underserved communities. The bill provides $324 million for the Small Business Administration's Entrepreneurial Development Programs, which is $52 million above fiscal year 2021.…”