For tax year 2021, the Bidens owed an additional $13. It could have been waived, the White House said, 'but they chose to pay.'
The release of tax agency records showing the lack of audits prompted congressional Democrats this week to quickly propose legislation mandating annual audits of sitting presidents and disclosure of their returns. The HouseUnder the legislation, the IRS would be required to make publicly available an initial report about its examination of the president's income tax return"[n]ot later than 90 days after the filing of a Presidential income tax return.
There were five Republicans who joined Democrats in voting for the mandatory annual audits: Reps. Liz Cheney, of Wyoming; Adam Kinzinger, of Illinois; Fred Upton, of Michigan; John Katko, of New York; and Tom Rice, of South Carolina. None of them are returning to Congress next year — Kinzinger, Upton and Katko retired, and Cheney and Rice lost their reelection bids.
The committee is expected to release the Trump tax returns it has obtained after the Christmas holiday.
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