On the recordOctober 7, 2021
Mr. President, I would like to thank Senator Tuberville for leading this very important effort. I want to be very clear. What President Biden is proposing here is as close to policy from communist China as we have seen in the United States. In oppressive regimes like Cuba and communist China, we have come to expect a surveillance state where the government has access to every part of a person's life. Now Joe Biden wants to bring that here to America. Let me explain what the Biden administration and Democrats in Washington are proposing. Democrats want to open your bank account to Federal agents. Under Joe Biden's America, the Federal Government's authority would be vastly expanded so the IRS can get a look at any account over $600. The madness doesn't stop there. This new rule from Joe Biden would also require banks to report every transaction of $600 or more. Does anyone honestly think the Federal Government will keep your private information safe? Want to buy a bed? Here comes the Federal Government. But say you want to buy a new shotgun. Hunting season is coming up. Again, here come the feds. How about giving money to your favorite charities; supporting a cause or a political candidate you care about; for childcare or paying for mental health counseling? Perhaps you are just selling off a little furniture and want to put your profits in a savings account. For every one of these transactions I have just described, the government is going to come take a look.…





