21 House Democrats Ask to Cut IRS Bank Reporting From Biden’s Spending Package

21 House Democrats Ask to Cut IRS Bank Reporting From Biden’s Spending Package
A view of the U.S. Capitol in Washington on Oct. 6, 2021. Drew Angerer/Getty Images
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A group of 21 House Democrats on Wednesday urged House Speaker Nancy Pelosi (D-Calif.) to remove a controversial IRS bank reporting provision from the reconciliation bill.

The measure, which has already been pared back once, would require banks to hand over data to the Internal Revenue Service for all accounts with annual outflows totaling more than $10,000.

Ivan Pentchoukov
Ivan Pentchoukov
Author
Ivan is the national editor of The Epoch Times. He has reported for The Epoch Times on a variety of topics since 2011.
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