WH Econ Adviser Bernstein: We're Not Guaranteeing No Audits for People Making Under $400,000, But I Don't Think There Will Be Increase

On Monday's broadcast of CNBC's "Squawk Box," White House Council of Economic Advisers member Jared Bernstein said that he doesn't expect increased audits on the middle class due to increased IRS Funding in the Inflation Reduction Act reconciliation bill and vowed the newly-expanded IRS won't be going after anyone making under $400,000 but said they aren't guaranteeing nobody who makes under $400,000 will be audited.