Spend It At Home Act

HR 8320, the Spend It At Home Act, would require the IRS to add a new option on federal income tax forms, allowing taxpayers to indicate whether their taxes should fund domestic or international government spending. This directly affects all individuals and households filing federal income tax returns. The bill mandates annual public reporting of how many taxpayers chose each option and the total tax amounts associated with each choice. It also includes a provision to rescind unobligated IRS funding from the Inflation Reduction Act of 2022, though this is a separate administrative change.