Republicans Warn Biden's IRS $600 Disclosure Plan Could Lead To "Surveillance State" | WHAT REALLY HAPPENED X-Frame-Options: SAMEORIGIN

Republicans Warn Biden's IRS $600 Disclosure Plan Could Lead To "Surveillance State"

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.”

“How can you possibly justify to the American people that the IRS should be snooping around in their bank, retirement, or investment accounts,” said Sen. Rick Scott (R-Fla.) said on Oct. 7 from the Senate floor.

“There’s only one explanation, and it’s simply terrifying: The Democrats want to control how you spend your money.”

“I want to be very clear what President [Joe] Biden’s proposing here is as close to policy from communist China that we’ve seen in the United States,” Scott added.

“In oppressive regimes like Cuba and communist China we’ve come to expect the surveillance state, where the government has access to every part of a person’s life. Now Joe Biden wants to bring that to America.”

Rep. David Kustoff (R-Tenn.) during a Sept. 30 House oversight hearing questioned U.S. Secretary of Treasury Janet Yellen about the new policy of increasing the number of IRS agents and the IRS’s ability to monitor low-level transactions.