Republicans on the House Ways and Means Committee say they have received information from the non-partisan scorekeeper at the Congressional Budget Office challenging the Biden administration’s narrative that Americans making less than $400,000 a year won’t see higher IRS audit rates.The remarks came in an Aug. 12 statement that was published as the Democrat-controlled House passed the Inflation Reduction Act, which includes nearly $46 billion in additional funding for IRS enforcement of the $80 billion or so total funding boost to the tax agency.Committee Republicans said that the CBO statement they were provided with confirms that, under the new legislation, lower and middle-income Americans will be squeezed harder by the tax man to the tune of at least $20 billion.â€
