On the recordMarch 7, 2019
I thank the gentleman for yielding, and I thank him for his work in introducing the bill that would repeal this rider that prevents the IRS from the kind of inquiry that should be done. This is about figuring out who is leaning into the big money game. So it goes with a number of other riders that we have seen that have been put in place over the last few years. We want to know if Federal contractors are leaning into the big money game. That is why we want the executive branch to have rules of disclosure with respect to what is happening with money and Federal contractors. That is why we wanted to get rid of the rider that would stop that from happening. We want to know if public companies are leaning into the big money game. That is why we want to get rid of that rider that would stop the SEC, since they are supposed to protect the public from following that disclosure and looking into whether money is coming into that space. And in this instance, we want to make sure that these entities that are supposed to be tax exempt aren't leaning into the big money game, and the IRS is there as the agency to do that. Madam Chair, we need to make sure we protect that ability.
