Rand Paul: “reserving the right to object, I think it is important to remember that the vast majority of Americans are law- abiding…”

“reserving the right to object, I think it is important to remember that the vast majority of Americans are law- abiding Americans who reside either here or overseas and that they do have an expectation of privacy and they do have a right to privacy. Those who break the law should be punished, but we can't forget about the innocent Americans who are not breaking the law who do have a right to privacy. We have had treaties such as this for decades, and I am not opposed to the treaties. There are beneficial aspects to the treaties. Past treaties have had a standard which said that one had to be committing tax fraud or that one had to be engaged in fraudulent activity, the same way every American here expects that the government is not going to look at a person's bank account unless they have gone to a judge with evidence that a person is cheating on their taxes. The government can't just look at everybody's information in the bank without probable cause. The previous standard was that there had to be some evidence presented that a person was cheating on their taxes. I think there should be some evidence presented. The new standard is they can look at any of a person's records that may be relevant. This is a much lower standard, and I think it will be injurious to the vast majority, if not the overwhelming majority, of Americans who are actually innocent but just happen to be living abroad.…”