Speaking to reporters at the White House Monday, Press Secretary Jen Psaki defended the Democrat proposal, tucked into President Joe Biden’s $3.5 trillion Build Back Better spending plan, that would allow the IRS to monitor all bank transactions of $600 or more. She also claimed the “loudest” opposition to more IRS funding for snooping is from big banks, not small business owners or individuals worried about taxpayer rights.
Psaki doubles down on Biden administration's proposal to have the IRS spy on almost every American's bank account pic.twitter.com/T8NxmmiQDe
— Scott Sloofman (@ScottSloofman) October 18, 2021
Last week, House Speaker Nancy Pelosi confirmed the proposal is still on the table and that Democrats plan to keep it in Biden’s monstrous spending plan.
Republicans have been pushing back on the proposal and reminding the IRS that banks don’t work for them. (Read more from “WH Defends Invasive Dem Proposal for IRS to Spy on Bank Accounts” HERE)
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