Democrats set to back climate and healthcare bill Republicans claim will tax middle class Americans and lead to more IRS audits

• The House of Representatives is expected to pass President Joe Biden 's sweeping $370 billion Inflation Reduction Act Friday 
• The legislation aims to reduce the price of prescription drugs and health insurance and includes a number of green energy initiatives 
• It installs a 15 percent minimum tax rate on corporations, raising enough funds to also pay down the deficit 
• House Republicans are expected to reject the measure en masse, arguing that it will raise taxes on the middle class
• They've also complained about money going toward hirings at the Internal Revenue Service, suggesting more average Americans will be audited 
• The Treasury Department said audits for those earning less than $400,000 are not expected to spike 
• The bill's passage will give Biden and Democrats some much-needed momentum going into the fall midterm campaign season