[Congressional Record Volume 167, Number 188 (Tuesday, October 26, 2021)]
[House]
[Page H5885]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE IRS IS WATCHING
(Ms. FOXX asked and was given permission to address the House for 1
minute.)
Ms. FOXX. Madam Speaker, the Federal Government needs to stop
sticking its noses in places it does not belong.
For the past 9 months, the size and scope of the Federal Government
have expanded like a balloon being inflated with helium. Look no
further than a provision in the Democrats' budget reconciliation
package that allows the IRS to monitor the bank accounts of every
American. If you made a deposit or withdrawal of more than $600
cumulatively, the IRS would be the first to know. That is $28 a day.
Madam Speaker, the American people are fearful of more government
control, and I share their fear. America should never find itself
standing at socialism's door, and this dangerous provision puts us one
step closer to doing so.
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