As Democrats try to figure out how to pay for their massive expansion of government programs through the reconciliation process, they have come up with a proposal that would force banks and credit unions to report all inflows and outflows of customers' bank accounts over $600 to the IRS.
Criticism of a proposal requiring banks to report customer transactions to the IRS.
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These 700 regulations have placed over $440 billion, that is with a B, over $440 billion on the small businesses of America.
American small businesses are the engines of our economy, they are the entrepreneurs and they make America move and grow.
Mr. Speaker, I thank my colleagues, Mr. Meuser and Mrs. McIver, for working together in a bipartisan way on behalf of strengthening the SBA's flagship 7(a) loan program. For too long, a few bad actors have damaged one of the most…
Not one small business has said, yeah, we need more rules and regulations. Not one.
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