Sen. Cardin denies Democrats' Inflation Reduction Act will increase taxes during recession
Fox News
Sen. Ben Cardin, D-Md., vowed the Inflation Reduction Act will not raise taxes during a recession and the addition of 87,000 new IRS agents should not be a concern to the middle class.
Danielle Wallace is a reporter for Fox News Digital covering politics, crime, police and more. Story tips can be sent to danielle.wallace@fox.com and on Twitter: @danimwallace.
"We're not raising taxes what we're doing, in fact, we're reducing the deficit," Cardin said. "So, we're actually taking money out of the economy. So that's good news for the inflation, and we're dealing with the cost centers that typical families are facing in health care and energy costs. So this should be helpful for American families, and it should be helpful for our economy, and it will help us with inflation."
The bill includes $80 billion to ramp up enforcement at the Internal Revenue Service.