I think that is absolutely necessary. We manifested in perhaps another fashion what is key on this legislation that will be offered by the gentleman from Ohio in a bipartisan manner is to say that there needs to be effective oversight of the Internal Revenue Service not only from the constitutional purview of those of us in the Congress, but also immediate oversight. And right now the Internal Revenue Service is the 800-pound gorilla, if you will, of the Treasury Department, because so many of the resources allocated for Treasury end up in the Treasury of the IRS. So much of the Treasury budget is focused there that sometimes it is the tail wagging the dog, so to speak. What the legislation calls for is an independent advisory oversight council, not based on political appointees, but again to remove some of the suspicion, some of the coincidence of audits, some of the questions that I think Americans of all political persuasions have to depoliticize that agency. Of course, this is but a first step.…
NAN A. S. HAYWORTH: “I think that is absolutely necessary. We manifested in perhaps another fashion what is key on this legislation that will…”
Editor's note · Context
Discussing the need for oversight of the Internal Revenue Service during a legislative debate.
Share
More from NAN A. S. HAYWORTH
Equally as valid as any committee hearings held in Washington, D.C., no matter the jurisdiction?
I would implore you that one key aspect of that financial education should be regarding the unintended consequences of Federal intervention in the markets...
History shows that an independent central bank that is making monetary decisions free of political influence can certainly enhance economic growth.
if my friend would yield briefly, I just wanted to return to the floor first of all to thank my colleague from Texas and to state what is obvious to his constituents. He brings a dedication and a passion to this Congress in his first term…





