[Congressional Record Volume 157, Number 110 (Thursday, July 21, 2011)]
[House]
[Page H5374]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

           By Mr. PAUL:
       H.R. 2614.
       Congress has the power to enact this legislation pursuant 
     to the following:
       The Sixteenth Amendment, which gives Congress the power to 
     lay and collect taxes, clearly gives Congress the authority 
     to allow Americans to use funds from tax-free savings 
     accounts to create new business and create new jobs.