Political Quotes

“Mr. Speaker, I thank the gentlewoman from Minnesota for yielding to me today. Mr. Speaker, President Biden and Speaker Pelosi are moving full steam ahead with their Big Government, big spending vision for this country. One of the most egregious proposals in their multitrillion-dollar reconciliation package would give the IRS access to nearly every single American's bank account by requiring financial institutions, like your local bank or your credit union, to report every account with more than $10,000 of transactions annually to the IRS. This proposal would give the IRS unprecedented access to sensitive personal information and unprecedented power to target working families across Iowa and across America. This government snooping is a complete invasion of privacy and a massive overreach into our lives and our livelihoods. This spying scheme is a lose, lose, lose. It will increase the existing backlog at the IRS exponentially. It will jeopardize the privacy of millions of Americans. It will destroy our community financial institutions. And it will hurt rural communities and working families hardest of all. Democrats claim this is about tax evasion. Everyone should pay the taxes that they owe. That is not the argument here. But this misguided proposal isn't about tracking down missing revenue; it is about expanded government control, plain and simple. This proposal, by design, will hit normal working families' bank accounts.…”