if the i.r.s.as reason to believe you're not paying all that you owe in taxes, they have the ability to audit you. they don't need any more private financial data on any of us. the bulk data collection they are proposing will do nothing to close the so-called tax gap. all it does is violate the liberty of every freedom-loving american who values their financial property. the proposal would dramatically increase i.r.s. audits of working americans. the overwhelming majority of people the i.r.s. would look into as a result of this policy would not have done a single thing wrong, but when the i.r.s. starts snooping, it will cost you big money. that means hiring a high-priced attorney, an accountant who will bleed you dry. president biden claims his proposal would only impact the rich but middle-class families are the ones who will ultimately pay the price. additionally, the i.r.s. has a history of data security failures. just earlier this year, the confidential tax information of over a dozen well-know

the i.r.s., this unfettered, unchecked power is wrong. the threshold is irrelevant. americans know this is wrong. we know it's wrong and our colleagues on the other side of the aisle know it's wrong. our colleagues on the other side of the aisle are so desperate to find revenue to fund their big government socialist programs they're willing to violate the constitutional rights of our fellow americans. this is wrong. it's egregious on every front. once again, we know it, they know it, the american people know it and that's why we're pushing back. mr. speaker, i urge my colleagues to defeat the previous question so we can restore some reason and sanity and put an end to this absurd proposal for the i.r.s. to snoop on americans bank accounts. defeat the previous question so we can vote to prohibit i.r.s. financial surveillance of americans bank accounts. i yield back. the speaker pro tempore: the gentleman yields back. the gentlewoman reserves. the gentleman from massachusetts is recognize $. >> i

this too, by the way, is an i.r.s.t unfortunately has a troubling history of targeting americans based on political beliefs and again this is a pattern under joe biden and the white house. they continue to leak personal private taxpayer information. and so this ought to be troubling. i think at the end of the day as i've looked at this they aren't targeting high net income individuals or big corporations. they believe that families, farmers and small businesses are tax cheats and this is the way they believe they can go after them. >> harris: so i'm not on the house ways and means committee. my math might not be too strong. 52 times two. what aren't we spending a couple hundred dollars a week on? that's over $10,000 a year if you're eating. and americans are struggling during an inflation period now. but that means that everybody gets looked at. by you giving us that information of $200, what does that look like? it looks like everybody. >> it really does look like everybody. they talked about making exceptions to this

and the i.r.s. says, well, we've -- the i.r.s., because of the pressure that we've been putting on they'll, said today, well, you know, we already have data from everybody's account on their paychecks and we already have data on their interest that they get on their various accounts, which has to be reported to us. and we already have data on federal benefits like the covid payments that have been made to people. and so we don't need to have those data points collected in this new massive privacy violation. we can leave those out. but we need -- and this is what the i.r.s. said today trying to defend this. but we need to have access to the other sources of income that people have. now, in that very same document the i.r.s. said, well, we are not going to audit anybody who makes less than $400,000 a year. well, that wasn't what the green book said. they didn't say, we will change our proposal to forbid us from auditing anybody who makes less than $400,000 a year. all they said was, take our word for it, we promise, we will only aud

two, we are spending billions of dollars to expand the numbers in the i.r.s., 88,000 new i.r.s. agents and aren't going to separate us and they are looking at a dollar figure. and there will be blowback on that. you are giving them the right to spy on every american in this country and it's wrong. we shouldn't fear our government and shouldn't fear the i.r.s., they should fear us, because we are the taxpayer and the people ., it promotes abortion. never before has this been done in this country before. that's going to be a name changer. madam speaker, i suggest to you there's a tsunami coming up in 2022, because the american people are upset. this bill will also increase taxes, the cost of living every day on hardworking americans and, again, this is unacceptable. we're nearly $30 trillion in debt. inflation has risen every month that president biden has been in office. and americans across this country are seeing the cost of living skyrocket. in my small community, i'm looking at gas a dollar more a gallon. you can't reach in the hardworking americans' pockets to get more. when

i.r.s. can do. we know about the leaking of taxpayer information recently and we remember the i.r.s. targeting controversy during the obama administration. i.r.s. bureaucrats subjected conservative groups to a double standard when it came to -- came to scrutiny when it came to left-leaning groups, nonprofit groups, and it looks like the biden administration might want to dust off that old playbook. the administration also wants to give the i.r.s. unprecedented power to snoop in your bank account. the administration proposed requiring banks to give the i.r.s. data on accounts with more than $600 in annual transactions. so that means every time you bought a washing machine or a refrigerator, you paid your rent, maybe your mortgage, maybe bought a car, that that information would be reported to the i.r.s. the i.r.s. already knows how much you earn because that's reported but that's apparently not enough for the i.r.s. surveillance. they want to make sure that the i.r.s., like big brother, knows

i.r.s. can get a look at any account over $600. the madness doesn't stop there. the new rule from joe biden would require banks to report every transaction of $600 or more and does anyone honestly think the federal government will keep your private information safe? want to buy a bed? here comes the federal government. let's say you want to buy a new shotgun. let's say hunting season is coming up. how about paying for child care or mental health counseling. perhaps your selling off furniture and want to put your profit in a savings account. for every one of these transactions, the government will take a look. every american should be disjusted and -- disgusted by the overreach by the federal government. think about the private personal information the government would have access to. it is intrusive and president biden wants to make it limitless. does anyone think the federal government will keep your private information safe? i know florida families are angry. i have heard from more than 18

they want to hand the i.r.s. new snooping powers to dig through americans' bank accounts. they want to treat normal american households like everybody is under audit. they want to treat normal american households like everybody is under audit. so, to review, this has been the story of democrats' unified control of government in 2021. here's what he they've done. first, they kneecapped our economic recovery with stifling spending, including to pay americans more to stay on the sidelines than to rejoin the workforce. then, as working families feel the pinch of runnaway prices, they are putting forward even more spending and also massive tax hikes. and as icing on the cake, they schemed for even greater access to americans' personal finances so washington bureaucrats can spy on citizens routine transactions. so, mr. president, this is not what american voters signed up for and it won't earn a shred of support from this side of the aisle. now, on another matter. last week washington, d.c., was again the site of illegal political violence from the radical left. a mob of extremi

the i.r.s. needs more power. they want banks to hire more people, more i.r.s. agents.difficult to scale it back. it is about making sure gig workers are taken out of the economy. if you have someone who is contractor, doesn't get normal w-2 form, who works for themselves, business not a corporation, this is something they will be looking at closely with the i.r.s. and democrats made it clear, they want everyone to be employee so they can be unionized. they are lying about the zero dollar thing, this proves it, $10,000 threshold is too low, if they are going after billionaires. >> greg: harold, you want your bank working with the feds on thi >> harold: no, the number is too low, $10,000 is too low to snoop in everyone's account. how do you make the tax code fairer? first issue was immigration. immigration is taxes, we've not had comprehensive reform since 1996, ronald reagan was president. we need to have one. this effort here, immature, bring in rich people who have been able to get away without paying their taxes, what should we do not to allow the ultra-rich to avoid

[inaudible] i know the i.r.s. gets that information from audits but do you think that would be something that [inaudible]? >> every deposit or withdrawal that somebody made into their bank account on a routine basis? you want to comment? >> i think it is the same question about schedule b. the argument the courts are reluctant to get into tax matters. this is being floated as sort of a tax provision. we need to see people's inflows and outflows if they are understating income. i think the court would have to look at the question of does the government really need the information as it says it does. how serious is the threat to individual depositors. most of these cases don't give us clear answers such ex-10 waited hypotheticals. i think the principles will come in to play as to people's right to privacy but i don't think it is a does positive type of case. >> i would handicap any case that challenged at least what a court would essentially say legitimate law enforcement purpose or whatever they say. if it is law e

i don't know what in the world the i.r.s.l do with the information that they receive from these financial institutions. i say this with the backdrop of the last democrat administration, we saw the i.r.s. not peer -- peering into by investigating nonprofit religious organizations and conservative organizations without expanding their power or their reach. my concern is that as we see this administration's proposal to give more access to the r.s., to pier in and -- peer in and investigate, frankly, $600 of flow in and out of accounts of every american, that essentially captures all americans' transactions in this country. if are you looking for tax cheats, that is a terrible way of figuring it out. if you are, in fact, looking at a big government proposal to have the ability to investigate every single transaction of a financial institution of your account, my account, and their accounts, well, this might be a good direction to go in. i would love to hear why you think it's important for every american's -- americans' transacti

lamalfa: the i.r.s.already knows how much you earn and now they want to know how you spend it this is an invasion of privacy with guilt i'm not o to place trust in our with the government is keeping tabs on every single item. this is another push by the government tolives. disincentive for people to save and keept to thing tracked want to have savings in coffeeattr go. whether it's $600 per transaction or up to $10,000 per yeare, it's an invasion of privacy and wtracking us when we have a border like a sieve and problems of much greater magnitude than what you or i are spending our personal wealth on. the biden ad the house need to take back such ideas. the speaker pro tempore: for what purpose does the jlt new york seek recognition? >> i ask unanimous consent todress the house for the speaker pro tempore: withouten honor a woman of many first, an outstanding member of our communitiering someone i'm blessed to call a constituent. her name is dr. renee f. washington gardner. she's the lon pastor of the ha

they say the i.r.s.ing access to account information for millions of americans. >> do you folks really want to live in a state where the government knows every one of your details of your life including finances? if you do, i hear china is beautiful this time of year. >> a senator who pushed for the threshold hike, a democrat, is blasting republicans saying he would put his privacy hawk credentials against anyone in the senate. he said we aren't creating any new surveillance. warren also fighting back. >> they're wrong. of course it changes, but the whole point here is to catch tax cheats, high net worth tax cheats. the idea behind it is to say look, most people who are just salaried who have wages get a w2 form so they are third party reporting. it means the employer reports not only to the employee but also to the i.r.s.. >> a republican suggested let's audit the billionaires and be done with it. >> dana: backtracking. biden weaponizing the i.r.s. leaves families and businesses lower returns on savings

the more information the i.r.s.more money they can grab from taxpayers. >> it is not just the price of the bill but the provisions in it. don't get hung up it is less money. it is not less money. all they're saying is they won't fund it as many years. >> a beefed up i.r.s. will beef up the tax revenue by billion yas. 780 billion in more tax revenue over 10 years is what the white house thinks they will get. the congressional budget office says their projections are way off bringing in only $200 billion over a decade. the banking industry is begging the biden administration to strip this requirement out of their proposals saying they're already getting complaints from customers who want to know what their bank is handing over to them writing this. the likely question of any american taxpayer making less than that why does the i.r.s. need my account information if they aren't going to use it? it's a substantial expansion of the i.r.s. authority will expand rather than roll back. another thing on the table. assets -- s

agents, or impose an i.r.s. bank surveillance on the personal and business accounts of main street and working families. the democrats won't take up a similar bill. the debt solution accountability act offered by ways and means republican representative lloyd smucker of pennsylvania. democrats alternative these days to a bipartisan framework range from ridiculous to irresponsible. one democrat congressman even has proposed u.s. treasury mint $1 trillion coin. a $1 trillion coin. why not a quadrillion dollar coin? this far-fetched idea sounds about as brilliant as many democrats' own call to end the debt limit enthrier, as the speaker has sought. i think democrats' best answer washington out of control spending is to spend more. tear out the breaks. let's be honest, this is an economic and political crisis of the democrats' own making. there isn't enough money in america to cover what democrats want to spend and americans know it. that's why president biden has gone out of his way to sell his trillion dollar bill

the i.r.s.. that agency with the stellar record of customer service. the same i.r.s.time joe biden was in the executive branch. jefferson said once tyranny is when the people fear the government. we're there. sadly, we're there. but i don't think the good people -- i don't think the good people of this great country are going to cower and hide. i think your memo, mr. attorney general, was the last straw. i think it was the catalyst for a great awakening that is just getting started. pilots at southwest airlines. parents at school board meetings. americans are pushing back because americans value freedom. a few weeks ago terry mccauliffe said this, i don't think parents should be telling schools what to teach. government tells parents we're smarter than you, americans aren't going to tolerate it. when the attorney general of the united states sets up a snitch line. parents will stand up to this accelerated march to communism we see. america will fight the good fight and finish the course and keep the faith because americans value freedom. mr. chairman, we have a video

criticism over a new policy that some say would allow the i.r.s. american's bank accounts. larry kudlow is up next. >> every single american under audit every year. completely outrageous. i think the american people are going to go berserk over this. wealth is shutting down the office for mike's retirement party. worth is giving the employee who spent half his life with you, the party of a lifetime. wealth is watching your business grow. worth is watching your employees grow with it. principal. for all it's worth. when you're looking for answers, it's good to have help. because the right information, at the right time, may make all the difference. at humana, we know that's especially true when you're looking for a medicare supplement insurance plan. that's why we're offering "seven things every medicare supplement should have." it's yours, free! just for calling the number on your screen. and when you call, a knowledgeable licensed agent-producer can answer any questions you have, and help you choose the plan that's right for you. the call is free,

the biden i.r.s. wants the power to spy on private citizens' bank accounts and monitor their transactions. biden's treasury secretary said her next goal is to create a new tax on the value of farmland in america. this will destroy the american family farm and eliminate independent food production. the biden-harris administration is also weaponnizing osha to fire americans who live paycheck to paycheck if they don't make a health care decision about vaccines that left-wing politicians don't like. madam speaker, i would just like to note this hypocrisy from pro-abortion liberals who use the my body, my choice slogan. we watched last week as biden's attorney general tried to defend the use of the f.b.i. agent who intimidated, harassed, and want to spy on parents who show up to school board meetings to speak in opposition to the biden agenda. middle class parents are rightfully outraged that president biden and left-wing school boards want to turn their children against each other with racist curriculum o

they want to hand the i.r.s. new snooping powers to dig through americans' bank accounts.y want to treat normal american households like everybody is under audit. they want to treat normal american households like everybody is under audit. so, to review, this has been the story of democrats' unified control of government in 2021. here's what he they've done. first, they kneecapped our economic recovery with stifling spending, including to pay americans more to stay on the sidelines than to rejoin the workforce. then, as working families feel the pinch of runnaway prices, they are putting forward even more spending and also massive tax hikes. and as icing on the cake, they schemed for even greater access to americans' personal finances so washington bureaucrats can spy on citizens routine transactions. so, mr. president, this is not what american voters signed up for and it won't earn a shred of support from this side of the aisle. now, on another matter. last week washington, d.c., was again the site of illegal political violence from the radical left. a mob of extremists

we don't want the i.r.s. looking at bank accounts of $600. >> harris: what's wrong with this one, jason? >> i don't trust the federal government. if you are a suspicious america it is none of the business of any government employee where you are spending your money. unless you have probable cause get out of here. you don't have any right to look at where i spend my money and how i save and spend it and how i don't spend or save it. get out of my face, federal government. republicans should be able to win on this issue alone should win in 2022. >> harris: imagine you buy as a family a new sophia for yourself. ef -- sofa. because you spent more than $600 the government is triggered. they don't know how long you saved for that. maybe this is where cushions in the couch came from. the change in the cushions in the couch. people may have to put there. i'm just saying. the facebook whistleblower testifying now before the senate commerce subcommittee and what she said about the company is putting profits over people

[indiscernible] can you clarify the billionaires tax and i.r.s. enforcement might be out of the negotiation at this point? can you say whether that is true? and also, how can the administration say that this is paid for if that change happens? jen: well, i would say on the billionaires tax, which is one of the ideas that's been put forward and has been a part of the discussion -- i don't have an update at this moment on the status. it's possible changes can be made, as they have been to all components of the -- many of the revenue raisers and tax fairness components. i will say this will absolutely be paid for because there are a range of options out there that would more than pay for what we're talking about. that includes the corporate minimum tax, imposing a 15% minimum tax, it includes the global minimum tax, it includes closing the loophole for high-income americans. it also includes investing in enforcement. so i think there's been some reporting, just for clarification, on reporting mechanisms, which is not the same as the i.r.s. enforcemen

if you made a deposit or withdrawal of more than $600 cumulatively, the i.r.s. would be the first to know. that's $28 a day, madam speaker. 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. i yield back. the speaker pro tempore: the gentlewoman yield back. for what purpose does the gentleman from illinois seek recognition? >> thank you, madam speaker, i ask unanimous consent to address the house for one minute and revise and extend my rehashings. the speaker pro tempore: without objection, the gentleman is recognized for one minute. >> $10,000 a year, an average of $200 a week, under the democrats i.r.s. surveillance plan, that's all you'll need to spend before they require the i.r.s. to collect personal information on your bank transactions. now let's put that in perspective. according to the usda, a average family of four on a low budget paid roughly $196 per week for groceries in 2019.

banks already report interest amounting to over $10 to the i.r.s. on every account in the country. and this proposal involves two additional pieces of information that are not at the level of individual transactions. and this will help low income individuals who now are disproportionately subject to audit bis the i.r.s. -- audit bis the i.r.s. >> reclaiming my time. >> for avoiding paying the taxes. >> reclaiming my time. madam secretary, we had a hearing in this very room about the underbank and the unbanked. and one of the biggest concerns is about privacy. for us to make it far more challenging for people to trust the very system that -- that we're hoping that people use, the banking system, the backbone of our economy, we're moving in the wrong direction here. and i pressure that we have changed the can want takes from the original proposal so now it's been considered reconciliation. the american people don't want this. they don't think it's reasonable. this is what's going to happen. it's going to get pulled out because there's no support on -- from the american public. it's j

>> our concern is if i.r.s.system and that's really the last thing we need to do here. >> bill: here is a letter from a group you are affiliated with. it has not a significant study to show consumer impact will collect metadata on every american. once established it would expand rather than roll back. once things go into law they get bigger and bigger. joe manchin doesn't like this idea. do you think now it's scratched? >> well, i think we are still fighting this to the very end. there has been several proposal tweaks to this proposal and ultimately none of it solves the privacy and data security and due process concerns with giving the i.r.s. the ability to look into every bank account in the united states. >> bob fisher is the man we saw on faith. bob is with us now. join the conversation with rebecca as to why the government would want this? do they not think that people like you are telling the truth? >> i believe that they don't think all of our customers are telling the truth but i think, you know, most of

given the i.r.s.'s past reputation there's little reason to believe in the agency's capacity to protect this unprecedented access to our personal financial information from cyber attacks and other security breaches. as the concept of a surveillance state becomes more of a reality we must oppose democrats' for a left socialist policies. thank you and i yield back. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from california seek recognition? >> i seek unanimous consent to address the house for one minute and revise and extend my remarks. the speaker pro tempore: without objection, the gentleman is recognized for one minute. mr. lamalfa: as with any massive spending package, the democrat's $3.5 trillion, maybe getting small eric reconciliation -- smaller, reconciliation package has some good things we could agree on such as disaster relife funds for fire, floods and other recovery efforts. unfortunately tucked amongst these are some attempts by this democ

i have a hard time believing that the american public think it's a good idea for 87,000 more i.r.s. agents. we begin to hear different things that are getting poled out of the bill. but there's one thing that i've never heard pulled out of the by the $200 million for pelosi's park. that apparently will always stay in speaker pelosi has called this tax and spend bill the culmination of her career. she said it just a couple of weeks ago in this very room. based upon the number of democrats jumping ship this may be the culmination of many congressionals' careers. think about it. every week a new democrat announces their retirement. the democratic budget chair only in his second term as chair has called it quits. congresswoman bustos, former dccc chairwoman has called it quits. 15% of the democratic leaders on appropriation have called it quits. with thanksgiving around the corner, it's going to be the most thanksgiving for americans. i wonder if president feels a little like charlie brown in that famous scene with the football. his advisers tell him to come back up to the hill, they pr

talking about some i.r.s. agents, most people in america have shivers running down their spine at the federal government who wants to track every transaction if they make more than $10,000 a year to track all those transactions with new i.r.s. agents. most people, it's called a nightmare right before halloween. why don't we bring bills to the floor to address these crises. let's work on other bills. all of these would address these problems and get us back to the point where we had a secure border and energy dominance and creating jobs. jobs are lower than what the projections were because there are all of these self-created crises by the administration. lowest income families that are being hit the hardest by these failed policies and all of the big government socialist spending coming out of washington. we don't need more but we need to confront the problem that is creating a debt crisis. not going to be spending and taxing people more, but by working to address each of them starting at the root of the probl

and i.r.s.. you said something that was so true and so jarring i want to make sure people get it on our way out, steve. that is that entitlements rolled into a huge bill like this you never get rid of them because no matter what you do, you don't line -- red line them an executive order. nobody goes -- nobody goes through and says you know what? on page 2,550 let's red line that entitlement. they become permanent. thank you for being in "focus" today. >> thank you. >> harris: soft on crime policies are coming to fruition as despicable acts of violence in broad daylight are running rampant across our major cities. look at that. a virginia school board also coming after two moms after they were only shown -- showing their concern for their own kids' education. those moms in "focus" next. chip. they drove to safelite for a same-day repair. and with their insurance, it was no cost to them. >> woman: really? >> tech: that's service the way you need it. >> singers: ♪ safelite repair, safelite replace.

i'm with the i.r.s. sir. i suggest that you-- - all right, all right. i'll trade you my pubes back for the money. - you will? oh, cool! - how much did i charge? oh, yeah, $10. you got change for a 20? - oh, uh... i only got six dollars and 12 cents. - oh, well, that's okay. here, just give me the $6. and then i'll give you the $20. - okay. - now, give me the pubes, and i'll give you back $2. - right. - now, give me the 12 cents. and i'll give you the rest of your change back. - cool. - and then give me the $20, and i'll give you the pubes. - sweet! uh-- ah, god damn it! - that asshole. that big, smelly, ass-sniffing asshole. i'm gonna get him!

they want to give the i.r.s. the power to spy on americans' bank accounts along with imposing massive tax increases on americans and businesses that create jobs. they want to raise home heating bills for millions of americans, and raise gas prices so they can give the wealthy a tax break on electric cars. they want to threaten the solvency of medicare and penalize every energy company for using fossil fuels despite how critical these are for american consumers. but what's most telling about how out of touch this majority's priorities are, is what this bill oant do. it's -- this bill won't do. it's apparent it has no interest in solving the current emergencies facing our nation. they continue to do nothing to deal with the border crisis. nothing to address rising inflation. in fact, this bill will make inflation worse. nothing to help small businesses get their workers back. nothing to encourage instead of criminalizing parents who advocate for their child's education. and nothing to address the looming threats am

a simple way for the i.r.s.of where that might be is just a few pieces of information about individuals' bank accounts so it is not reporting of individual transactions or anything of the like. >> bill: the key line was not in this clip. the key line is the agency already has a wealth of information about individuals. i don't know what they've got on you, dana or me and they do want more. where does this go? >> this should go nowhere and why people should be concerned with what the democrats are doing now. we talk about reconciliation. you should be worried about the cost but also should be concerned about the content because this is in the bill. if you have $600 in your bank account the government wants to know what you are doing. they are directing the banks, credit unions, to tell you. they want to follow what's happening in your life. this is one of the greatest concerns i have. if you are an american and concerned about prices, privacy, primary school, this bill should be the most thing that upsets you beca

i doubt anyone at the russian i.r.s. is willing to take on that case. comrades, it appears vladimir putin has not paid his taxes. but, reel, what is tax, huh? can't it be only be paid in money since he's paid so much more in spirit, we agree? yeah? i will say, the shakira thing surprised a lot of people because, all the this time, we were worried about her hips lying where we should be focused on her accountants. before you're quick to judge, ask yourself this question -- when was the last time any of us paid for music, hmm? so basically, the mega rich around the world have been creating fake companies to hide their money in various countries. not surprising. what is surprising is which countries are on the list. >> according to the comets, many of the bank accounts used were registered in well-known offshore h.h.s., the british virgin islands, hong kong and belize. but the passive amount of companies are based here in u.s. like south dakota. >> south dakota's privacy and assets are looking to hide their fortunes. south dakota trusts hold more than $370

talking about some i.r.s. agents, most people in america have shivers running down their spine at the federal government who wants to track every transaction if they make more than $10,000 a year to track all those transactions with new i.r.s. agents. most people, it's called a nightmare right before halloween. why don't we bring bills to the floor to address these crises. let's work on other bills. all of these would address these problems and get us back to the point where we had a secure border and energy dominance and creating jobs. jobs are lower than what the projections were because there are all of these self-created crises by the administration. lowest income families that are being hit the hardest by these failed policies and all of the big government socialist spending coming out of washington. we don't need more but we need to confront the problem that is creating a debt crisis. not going to be spending and taxing people more, but by working to address each of them starting at the root of the probl

i.r.s. -- do you want me to talk about -- mr. reschenthaler: i want to know if you want to expand on the quote, i.r.s. closes tax gap. mr. neal: from 2010 to 2020, i.r.s. funding fell by 20%. you are much more likely to be audited if you claim the earned income tax credit than you are if you are paid in dividends and stock options. the reality is because of withholding, because of withholding, wage earners in america comply weekly at the extraordinary level of about 97% of compliance. pretty wild. when you stop and think of it. the average number for the rest of american, closer to 85%, 86% that tells you the story right there. people who go to work, money is drawn down from your check every week or every month so we think that by investing in new technology, new software, that we can discourage a lot of those who are beating the system currently. and we believe that the number is probably in that $400 billion range based on an $80 billion investment. technology, new personnel. and the last point we think that individuals that we

speaker, i rise today to denounce disturbing trend we have seen turning the i.r.s. into a political weapon. democrats have included a provision in their reckless tax and spending bill that will give the i.r.s. rogue authority to monitor individual's financial bank accounts and transactions. whether you are a democrat or republican, no one should ever support this communistic invasion of privacy by our federal government. mr. speaker, i rise today to address the energy crisis we are facing. the biden administration's poorly crafted, radical climate agenda has led us here. this crisis is already hitting home for hooziers. an indiana-based energy company just announced that my constituents will pay more for their energy this winter. what was $88 a bill will be $140, a 40% increase. for those over at 1600 pennsylvania avenue who deemed this a high-class problem, wake up. you're taxing the middle class through inflation. mr. speaker, i rise today to recognize the outstanding work our men and women of the law enforcement community do for indiana's sixth district. from mun

the i.r.s. and expand the reach into the lives of every day americans. and they are surveilling bank accounts of americans. while they have upped an amount in the legislation to $10,000 in deposits and withdrawal, this would still subject a minimum wage job who has a bank account. i can tell you and i think most of my colleagues would agree that i have not had a constituent call or beg me for more i.r.s. agents to have increased ability to monitor their accounts. my constituents are concerned this proposal represents an attempt to weapon tphaoeuz and fund their partisan agenda. this proposal is a tkraplt dramatic overreach and expand the i thank you and yield back. the speaker pro tempore: for what purpose does the gentleman from california seek recognition ? without objection, the gentleman is recognized for one minute. mr. lamalfa: under the occupational health and safety apbgt, employers are required to maintain a log for illnesses and injuries and if it is work related, a new case involves d

the i.r.s. enforcement is $400 million they believe.tually you don't have the wealth tax, you don't have taxes on assets. you haven't increased the capital gains side. i would argue this part is being paid for. >> bill: okay, robert. thank you, robert wolf. wanted to get your perspective before we have to sign off here. see you in person soon. apparently what biden said in the meeting it is not hyperbole to say congressional majorities and presidency will determine what happens in the next week referring to these bills and also referring to tuesday's vote. big deal. mccauliffe and youngkin. complete coverage of that coming up momentarily. shots from the white house and we'll see the president in 30 minutes or so. >> martha: watch for nancy pelosi later and i'll see you at 3:00 on the story. >> nice to have you back today. we brought the action, right? >> martha: we sure did. >> bill: here is harris. >> harris: fox news alert now. a big question. can president biden get the far left in his political party to begin adulting? we're told be

these questions and discussions and contents, sounds like what the i.r.s. did 10 years ago. and do you pray before the start of your meeting and we saw what they did to people what the people did years ago. preservation letters to all the carriers and companies to preserve every call, every email, every text. think about that, every call, someone who made, according to news reports, calls to your spouse, your mom, preserve it all. this is what has been reported. now steve bannon. now steve bannon. mr. bannon is a target of the investigation, quote, his efforts to plan political activity, that's the standard. you are involved in political activity, they are going to investigate you. we know this is what about. this is about getting at president trump. try to stop president trump before he was even elected with the russian investigation, tried to remove president trump from office twice while he was in office and tried to do that and now trying to get him after the fact after he has left all because he cut taxes and greatest economy in the history, lowest unemployment all beca

and they might even have the i.r.s. audit you for tax evasion. treating american citizens like criminal suspects for the innocent act of using a bank account is, quite frankly un-american. the biden administration has been up front about its motive here. washington democrats are looking to collect as many tax dollars as possible to finance their never-ending reckless spending sprees. and as a direct result of these budget-busting bills government inflation is driving up prices and limiting availability of everyday essentials. let's take a look at life in joe biden's america. the cost of food, the cost of rent the cost of nearly everything just keeps going up and up. meanwhile, the size of many products is shrinking which means you have to work harder, pay more, and get a heck of a lot less. it's even costing more just to get to the grocery store. gas is now more than $3 a gallon the highest price in six years. and this really shouldn't come as a surprise. remember on his first day on the job, president biden signed an executive order to end the k