Republicans Warn Biden’s IRS $600 Disclosure Plan Could Lead to ‘Surveillance State’

Sen. Rick Scott (R-Fla.) speaks during a Senate Armed Services Committee hearing on Capitol Hill in Washington on Sept. 28, 2021. Patrick Semansky-Pool/Getty Images

Republicans are sounding the alarm over a proposal tucked inside the Democrats’ 2,500-page $3.5 trillion Build Back Better Act that would expand the Internal Revenue Service (IRS) and allow the agency to have access to any bank transaction of $600 or more.

The proposal would give the IRS further access to anyone’s financial information, which Republicans say amounts to federal overreach and a “surveillance state.”