CBO: Democrat Deal Takes $20B from Working, Middle Class Americans with New IRS Audits

[mystery-ak]

CBO: Democrat Deal Takes $20B from Working, Middle Class Americans with New IRS Audits

John Binder 12 Aug 2022

The Democrats’ “Inflation Reduction Act” is set to squeeze $20 billion from working and middle class Americans with new funding for increased Internal Revenue Service (IRS) audits, the Congressional Budget Office (CBO) estimates.

On Friday, House Democrats passed the Inflation Reduction Act after Senate Democrats passed the bill earlier this week.

Hours before its passage in the House, lawmakers received the bill’s CBO score — revealing that billions will be taken from working and middle class Americans as a result of billions in new funding for IRS audits.

Specifically, the CBO estimates that the Democrats’ $80 billion for new IRS audits will take at least $20 billion from working and middle class Americans earning less than $400,000 a year. These billions are in addition to the billions already taken from this income group via IRS audits.

The revelation comes as Democrats and President Joe Biden’s administration have falsely claimed that the Inflation Reduction Act does not go after Americans earning less than $400,000.

more
https://www.breitbart.com/politics/2022/08/12/cbo-democrat-deal-takes-20b-from-working-middle-class-americans-with-new-irs-audits/

[Killer Clouds]

So the CBO lied to help the lying DCP disciples pass the Inflation Acceleration Act.

[Smokin Joe]

So the CBO lied to help the lying DCP disciples pass the Inflation Acceleration Act.

Well, not just that, but this expands the parasite branch of government at a net cost of 60 Billion dollars.

Hmmm. Coulda built a wall...