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Senate Finance Committee Ranking Member Ron Wyden said that "my investigators have obtained alarming information pertaining to Long's conduct at the IRS that we have begun to investigate."
Less than two months after U.S. Senate Republicans confirmed Billy Long as head of the Internal Revenue Service, the scandal-plagued commissioner confirmed on Friday that he is leaving the IRS to serve as President Donald Trump's ambassador to Iceland.
U.S. Senate Finance Committee Ranking Member Ron Wyden (D-Ore.)—who opposed Long's IRS nomination with the rest of the chamber's Democrats—pledged in a Friday statement that a probe of the outgoing commissioner will continue.
"From the minute Trump announced Billy Long as his IRS pick it was obvious this would end badly, but every Senate Republican voted to confirm his nomination anyway," said Wyden. "He didn't even last two months on the job. Let's not forget that there wasn't a vacancy at the time Trump announced Long's nomination. Danny Werfel, a skilled leader with fans among Democrats and Republicans, had years left on his term."
The senator pointed out that "in just a handful of months, Trump and his crew have already gutted taxpayer service, weaponized IRS data against innocent taxpayers, and set us up for disaster when next year's filing season comes around. This is what Trump does—pick incompetent, unserious people for serious jobs, and sit back as the damage piles up."
"Billy Long left Congress a few years ago and went straight into the tax fraud industry, his only real experience in tax before his nomination," he added. "My investigators have obtained alarming information pertaining to Long's conduct at the IRS that we have begun to investigate, and that process will continue regardless of whether Trump stashes Long away in some foreign embassy."
The ouster was initially reported by The New York Times, which noted that "Treasury Secretary Scott Bessent will serve as acting commissioner until a permanent replacement takes office," according to a senior Trump administration official.
Long then confirmed the development on his personal social media account, saying that "it is a honor to serve my friend President Trump and I am excited to take on my new role as the ambassador to Iceland. I am thrilled to answer his call to service and deeply committed to advancing his bold agenda. Exciting times ahead!"
He later added a joke about Immigration and Customs Enforcement: "I saw where former Superman actor Dean Cain says he's joining ICE so I got all fired up and thought I'd do the same. So I called Donald Trump last night and told him I wanted to join ICE and I guess he thought I said Iceland? Oh well."
A spokesperson for Bessent's department, which includes the IRS, said in a statement: "Treasury thanks Commissioner Long for his commitment to public service and the American people. His zeal and enthusiasm to bring a fresh perspective to the federal government was evident in both the House of Representatives and as part of the Trump administration. A new candidate for commissioner will be announced at the appropriate time."
Long previously represented Missouri in the U.S. House, where Ways and Means Committee Ranking Member Richard Neal (D-Mass.) responded to the IRS commissioner's exit with a statement blasting Trump.
"We don't even need more details on Trump's latest scuttle to know how damaging his presidency has been for the IRS," Neal said. "With nearly a new commissioner each month and weakened customer service from his mass firings, the rampant instability comes at the expense of all who rely on it. One thing is for sure: Secretary Bessent should focus on his own job before collecting more responsibility."
Several critics, including Neal, highlighted that Long was preceded by several IRS leaders this year. As retired Adm. Mike Franken, a former Democratic U.S. Senate candidate from Iowa, put it on social media: "IRS Commissioner Billy Long is removed, the sixth change this year, by the guy who only hires 'the very best people.' The clown show continues."
Long's firing prompted widespread speculation that he was leaving the IRS because he refused to comply with an order from the president. Journalist Josh Marshall wondered, "How bad did the ask have to be for a Trumpy sleazebag like Billy Long to say no?"
"Despite their repeated claims they wanted to protect Social Security, the Trump administration said the quiet part out loud," said one critic in response to the billionaire treasury secretary's candid comments.
U.S. Treasury Secretary Scott Bessent on Wednesday admitted that a provision in Republicans' One Big Beautiful Bill Act is a mechanism for privatizing Social Security—something President Donald Trump has repeatedly said he won't do.
Speaking at a policy event hosted by the far-right news site Breitbart, Bessent touted the so-called "Trump accounts" available to all U.S. citizen children starting next July under the OBBBA signed by the president earlier this month.
"In a way, it is a backdoor way for privatizing Social Security," the billionaire former hedge fund manager said of the accounts. "Social Security is a defined benefit plan paid out—that to the extent that if all of a sudden these accounts grow, and you have in the hundreds of thousands of dollars for your retirement, that's a game-changer."
Responding to Bessent's admission, Tim Hogan—the Democratic National Committee senior adviser for messaging, mobilization, and strategy—said that the treasury secretary "just said the quiet part out loud: The administration is scheming to privatize Social Security."
"It wasn't enough to kick millions of people off their healthcare and take food away from hungry kids," Hogan added. "Trump is now coming after American seniors with a 'backdoor' scam to take away the benefits they earned. Democrats won't stand by as Trump screws over working families in order to give more handouts to billionaires."
House Ways and Means Committee Ranking Member Richard Neal (D-Mass.) said in a statement: "Today, the treasury secretary said the quiet part out loud: Republicans' ultimate goal is to privatize Social Security, and there isn't a backdoor they won't try to make Wall Street's dream a reality. For everyone else though, it's yet another warning sign that they cannot be trusted to safeguard the program millions rely on and have paid into over a lifetime of work."
Nancy Altman, president of the advocacy group Social Security Works, mocked Trump's promises to preserve the key program upon which more than 70 million Americans rely—and called him out for eviscerating the Social Security Administration (SSA).
"So much for Donald Trump's campaign promise to protect Social Security," Altman said in a statement. "First, he gave Elon Musk the power to gut SSA. Now, Trump's treasury secretary has said the quiet part out loud. He is bragging about the administration's goal to privatize Social Security."
"First, they are undermining public confidence in Social Security by making false claims about fraud (which is virtually nonexistent) and wrecking the system's service to the public," Altman continued. "Then, once they have broken Social Security, they will say that Wall Street needs to come in and save it."
"That is a terrible idea," she added. "Unlike private savings, Social Security is a guaranteed earned benefit that you can't outlive. It has stood strong through wars, recessions, and pandemics. The American people have a message for Trump and Bessent: Keep Wall Street's hands off our Social Security!"
Alliance for Retired Americans executive director Richard Fiesta said that "Bessent let the cat out of the bag: This administration is coming for Social Security."
"We're not surprised—but we are alarmed because this administration has already taken multiple steps to weaken and dismantle Social Security," Fiesta added, highlighting the weakening of the SSA, false fraud claims, and "the massive tax breaks to the wealthy and corporations" under the OBBBA that experts say will hasten the Social Security Trust Fund's insolvency.
The progressive watchdog Accountable.US called Bessent's remarks "a shocking confession."
"Despite their repeated claims they wanted to protect Social Security, the Trump administration said the quiet part out loud: The Big Ugly Betrayal is a backdoor way to privatize Social Security," Accountable.US executive director Tony Carrk said in a statement.
"Once again the administration is risking the financial security of millions of Americans in order to protect a system rigged in the favor of big corporations and billionaires," Carrk added.
In another blow to Social Security recipients, the Trump administration is set to implement a new policy next month that is expected to further increase wait times for basic services. As Common Dreams reported Wednesday, starting in mid-August, SSA will no longer allow seniors to use their phones for routine tasks they've been able to perform for decades.
"I'll tell you what's coming: handouts for billionaires, healthcare cuts for the people," warned one Democratic lawmaker.
House Democrats and civil society groups led condemnation of legislation introduced Monday by congressional Republicans and backed by President Donald Trump that one lawmaker said is "about tax breaks for billionaires and kickbacks to corporate donors" at the expense of working class families.
The 389-page bill includes trillions of dollars in tax cuts that would disproportionately benefit the ultra-wealthy and corporations, largely by extending Trump's first-term reductions in taxation mainly for top earners derided as the "GOP tax scam." The proposal also broadens the estate tax exemption for the superrich and makes permanent a massive tax break on offshore corporate profits, a top wish-list item for Big Business.
The proposal would reduce government revenue by trillions of dollars and swell the national debt—currently a staggering $36.2 trillion, or the equivalent of 127% of U.S. gross domestic product—and cost over $5 trillion.
The bill partially offsets the revenue loss by sharply slashing social spending, including on the Supplemental Nutrition Assistance Program (SNAP) and Medicaid. The legislation would impose work and cost-sharing requirements on many Medicaid beneficiaries and increase eligibility checks. Critics warn that millions of people would lose their health insurance coverage if the bill is passed in its current form.
Former Democratic U.S. Labor Secretary Robert Reich called the proposed legislation "trickle-down economics on steroids."
The Trump-GOP tax bill proposal: -Extend 2017 cuts for top earners -Increase the "pass-through" loophole for big businesses -Expand the estate tax exemption for the ultra-rich -Make a huge tax break for offshore corporate profits permanent Trickle down economics on steroids.
— Robert Reich (@rbreich.bsky.social) May 12, 2025 at 11:32 AM
On the positive side, the popular Child Tax Credit would grow for many households under the proposal. So would the standard deduction. There would also be temporary tax breaks for overtime pay, car-loan interest, and tips. The proposal also establishes a new tax-preferred savings account for children younger than 8 years old under which the government would contribute the first $1,000 for kids born between 2025-28.
However, critics noted that millions of families would receive no benefit from the Child Tax Credit increase, wealthy business partnerships would get an even bigger passthrough deduction than in an earlier draft of the bill, and taxes on many tips and overtime work remain.
"This bill isn't about balancing the budget—it's about tax breaks for billionaires and kickbacks to corporate donors and billionaires, while silencing public voices," said Rep. Melanie Stansbury (D-N.M.). "We see the grift and we're calling it out."
Rep. Brendan Boyle (D-Pa.), the ranking member of the House Budget Committee, noted that "Trump loves to call his budget the 'big, beautiful bill.'"
"It is—for billionaires," he added. "While Trump's billionaire donors get trillions in tax cuts, working Americans get the largest Medicaid cuts in American history."
House Ways and Means Committee Ranking Member Rep. Richard Neal (D-Mass.) warned, "I'll tell you what's coming: handouts for billionaires, healthcare cuts for the people."
The GOP agenda: rip health care away from millions of Americans to pay for massive tax breaks for the ultra-rich. This is the moment to fight back with everything we’ve got.
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— Elizabeth Warren (@elizabeth-warren.bsky.social) May 12, 2025 at 1:50 PM
Civil society groups also sounded the alarm over the bill.
"Families across the country are struggling now more than ever to get food on the table, visit the doctor, and afford lifesaving medication," ParentsTogether Action executive director Ailen Arreaza said Monday. "But instead of finding ways to offer some relief, Republicans in Congress are racing to pass a bill to hand massive new tax breaks to the ultra-wealthy."
"Even worse? Their plan is to pay for it by ripping healthcare and nutrition aid away from millions," Arreaza added. "One thing is clear: Gutting Medicaid and SNAP to fund tax breaks for the rich is cruelty disguised as policy—and parents across the country will take note of how their representatives vote this week as evidence of who they're fighting for, their constituents or their wealthy donors."
David Kass, executive director of Americans for Tax Fairness, said in a statement that "the House GOP has revealed in broad daylight that their tax bill is a clear scam—one that hands out massive giveaways to their billionaire and corporate donors off the backs of their constituents with a price tag of over $5 trillion."
"The plan's massive cuts to vital programs like Medicaid and SNAP will drive up healthcare and food prices for millions of workers and families, while billionaires pocket the money and the national debt soars," Kass added. "Working and middle-class families—and future generations—shouldn't have to pay higher prices simply to enrich billionaire elites and the politicians in their pocket."