Dick Durbin

Mr. Secretary, in my opening statement, I mentioned the Financial Crimes Enforcement Network.

I think this is something we should make sure we let Americans know, because they're uncertain about this, that this is something we can do at acceptable costs, with time for people to adjust.

Do you have the information technology capability and the staff capability to develop what we've just discussed?

I would say, where there's complexity is where people hide money and push the envelope.

I'm pleased to convene this hearing to consider the fiscal year 2012 funding request for the Internal Revenue Service (IRS).

The complexity of the system...needs to be continually reviewed, so that we can make it within the grasp of ordinary Americans.

We have reached a sad point in America when small-town banks are unwilling or unable to lend to small-town businesses.

I'd like to be in touch with them.

It seems that many banks are hell bent for foreclosure.

If you could take a look at the overall landscape, where do we find the most fraud?

Even though the IRS has been able to prevent large amounts of these refunds from being issued--256 million were rejected in 2009...

Please tell us what the impact of failing to extend the debt ceiling would be on the American economy.

I intend to introduce legislation today that would reform the structure of the CFPB by subjecting it to an appropriations process.

I am pleased to convene this hearing to consider the fiscal year 2012 funding request of the Internal Revenue Service (IRS).

What I'm looking for is some kind of quantification--what we're spending, what we serve, what the universe of need is.

It's estimated that $345 billion of Federal taxes go uncollected each year--a noncompliance rate of 16.3 percent.

Every Member of Congress should be required to do their own personal income tax return.

As Federal CDFI funding has grown, the program has been able to maintain and actually improve on job creation per Federal dollar spent.

Americans are looking for leadership in Washington to confront the problems we face today and not to push them on to future generations.

I think what we've got to do is to push forward on this law, to give you the time you need to promulgate these rules, and to give you the resources to enforce them.

Any further reductions in the CDFI Fund's appropriations will directly result in the loss of jobs, affordable housing, and small business credit.

We urge you to maintain fiscal year 2011 funding levels of $227 million for the CDFI Fund in fiscal year 2011.

I've seen this movie before. I grew up in East St. Louis, Illinois.

I think on the flow-through issue, it's more of a conceptual conversation, and one that we'd have to have a full vetting with the Congress.

Efforts to slow down or stop your agency's implementation of the Dodd-Frank legislation will limit the availability of those tools.