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Biden Lied About IRS Audits

CBO: $20B More Expected From People Making Less Than $400K

  • The CBO scored a Republican amendment that would have barred additional audits of people making than less than $400,000. The amendment failed.
  • CBO said that if the amendment had passed, the Manchin-Schumer spending bill would lose $20 billion in revenue.
  • The House rammed through the bill and sent it to Biden before the CBO analysis was available.
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